Rohan Proj_Report Loan Syndication

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    A

    Suiiov Tvbkocz Votbvz

    Bg

    EBAG S^GJNCAZNBG TVBCOSS

    Ng z`o tavznae luelneeiogz bl z`o Jomvoo blIaszov bl Iagamoiogz Szujnos ugjov z`o _gn|ovsnz~ bl Iuifan

    F^

    VB@AG NVAGGA IAGMAE_VO XVbee Gb; 34Y

    _gjov z`o Munjagco bl

    Iv'VB@AG MAJHAVN Tvbl' IB@AGZ^ S'

    (OPZOVGAE M_NJO% Q_OSZ TVBLNG AJ\NSBV^ EZJ. (NGZOVGAE M_NJO.

    Avuga Iag`aveae S`a` Ngsznzuzo bl Iagamoiogzagj Vosoavc`

    M`azhbtav X]Y% Iuifan)0>> zb 1'3? zvneenbg ng 644:% accbvjngm zb Ebag Tvncngm Cbvt' Inj)sn{oj

    cbitagnos jolngoj as *64 ineenbg zb *?44 ng agguae vo|oguo accbugzoj lbv *1

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    ]`~ zb mb lbv a S~gjncazoj Ebag2

    Eogjovs fbz` faghs agj ngsznzuznbgae tvb|njovs znm`zogoj z`onv foezs lbv a cbuteo bl ~oavs%

    scvuzngn{ngm joaes zb ingnin{o z`onv vnsh bv optbsuvo' ]`neo eogjovs zbja~ ia~ fo cas`)`oa|~%

    z`o~ avo gbz ebbhngm zb z`vb} cas` az o|ov~ joae z`az cvbssos z`onv joshs' Eogjovs zbja~ ia~ fo

    voeuczagz zb `bej eavmo aibugzs bl jofz lvbi a sngmeo cbvtbvazo cuszbiov% btzngm ngszoaj zb zaho

    a tnoco bl z`o joae agj s~gjncazngm z`o voiangjov zb bz`ov faghs bv ngsznzuznbgae eogjovs' Z`ns

    szvazom~ stvoajs z`o vnsh bv optbsuvo aibgm iueznteo eogjovs' As z`o fbvvb}ov% ~bu fogolnz f~

    ngcvoasngm ~buv fbvvb}ngm catacnz~ }nz` iueznteo cvojnz tvb|njovs' Agj z`ovo avo ajjnznbgae

    fogolnzs'

    Eoss)optogsn|o lngagcngm z`ag fbgjs eb}ov ngzovosz vazos agj utlvbgz cbszs'

    Tvota~iogz btznbg ns usuaee~ a|aneafeo }nz`buz togaez~ bv tvoinui'

    Optagjoj accoss zb gbgcvojnz tvbjuczs suc` as catnzae iavhozs sbeuznbgs agj optovznso

    S`bvz)zovi ebags% zvajnznbgaee~ ut zb ln|o ~oavs'

    Voenagco bg ag~ bgo eogjov ns vojucoj }nz` iueznteo tvb|njovs'

    Cbitoznzn|o tvossuvo blzog vosuezs ng ibvo iavhoz)jvn|og szvuczuvos agj tvnco'

    VOASBG LBV SOEOCZNGM Z@O ZBTNC

    Ng z`o tvosogz scogavnb% z`o sbuvco bl lngagco ns z`o ho~ oeoiogz ng z`o fusngoss tvbcoss' @ogco

    ugjovszagjngm z`o ebag s~gjncaznbg tvbcoss ns z`o lnvsz agj lav ibsz szot ng lngagcnae astocz' As

    z`o szuj~ bg cbgsnjovaznbg bl Ebag S~gjncaznbg Tvbcoss az Quosz mn|os z`o vosoavc`ov zb

    ugjovszagj z`o fusngoss og|nvbgiogz bl ag~ bvmagn{aznbg agj tvb|njos a fvbaj ugjovszagjngm

    bl lngagcnae astoczs% z`o vosoavc`ov `as zahog ut z`ns szuj~'

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    CBITAG^ TVBLNEO

    Quosz Tvblng Aj|nsbv Tvn|azo Eninzoj (Quosz. ns a Iuifan fasoj Lngagcnae Aj|nsbvs oszafens`oj ng

    1>>:' Quosz ns tvbibzoj f~ tvblossnbgaes `a|ngm ag optovnogco bl ibvo z`ag z}b jocajos ng z`o lnoej

    bl Cbvtbvazo Lngagco agj Aj|nsbv~' Quosz `as a jojncazoj zoai bl optovnogco Tvblossnbgaes

    stocnaen{oj ng a }njo vagmo bl Lngagcnae Sov|ncos agj cbvtbvazo Ea}s'

    Quosz ns z`o Lngagcnae Cbgsuezagc~ avi bl a 64)~oav)bej lnvi bl C`avzovoj Accbugzagzs' Z`o~ avo

    ogmamoj ng tvb|njngm Cbvtbvazo Aj|nsbv~ sov|ncos zb votuzoj Cbitagnos ng Lngagcnae Szvuczuvngm%

    Tvbkocz Lugjngm% Tvn|azo Oqunz~% Ebag S~gjncaznbg% NTB Iagamoiogz% Cbitenagco% Juo Jnenmogco agj

    Cbvtbvazo Ea} iazzovs' B|ov z`o ~oavs% z`o~ `a|o tvb|njoj z`onv sov|ncos zb a guifov bl cbvtbvazo

    cenogzs ngceujngm IGCs% GVN as }oee as Ngjnag cbitagnos' Z`o~ avo a zoai bl IFAs" C`avzovoj

    Accbugzagzs% `a|o `agjeoj |avnbus z~tos bl assnmgiogzs ng|be|ngm lugjs vansngm , cbvtbvazo aj|nsbv~

    agj oavgoj votuzaznbg lbv z`onv hgb}eojmo bl cbvtbvazo ea}s% jnenmogco agj zash)bvnogzoj attvbac` agj

    ajatzaznbg zb z`o eazosz zvogjs ng z`o ngjuszv~'

    Inssnbg bl z`o bvmagnsaznbg

    Zb foszb} |aeuo fasoj c`ang bl quaenz~ lngagcnae , cbgsuezagc~ sov|ncos'

    Zb funej iuzuae fogolncnae ebgm)zovi fusngoss voeaznbgs`nt }nz` z`o cenogzs f~ joen|ovngm `nm`

    quaenz~ sov|nco }nz` uzibsz cbglnjogznaenz~'

    \nsnbg bl z`o Bvmagnsaznbg

    Zb fo a mebfaee~ vogb}goj Lngagcnae Cbgsuezagc~ @buso

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    Tvblossnbgae Attvbac` bl Quosz tvblng;)

    Z`o zoai ioifovs fvngm a vnc` zvagsacznbg cebsuvo agj cbgsuezngm optovnogco }nz` sognbv

    iagamoiogzs bl eavmo cbvtbvazo' Eo|ovamngm bg |asz ngjuszv~ optovnogco agj ngcnsn|o hgb}eojmo bl

    ng|osziogz szvazomnos% z`o bvmagnsaznbg assnszs z`o cenogzs ng jo|oebtngm agj opocuzngm catnzae vansngm

    zvagsacznbgs' Cenogzs enho z`o z}b lbej aj|agzamo z`o~ moz }nz Quosz) opzogsn|o hgb}eojmo agj

    catafnenznos zb tvbcoss agj iagamo mvb}z` catnzae zvagsacznbgs' Quosz }bvh cebsoe~ }nz` z`o Fbavj bl

    Cbitagnos agj z`onv iagamoiogz zoais zb suttbvz z`onv acqunsnznbgs% vocatnzaen{aznbg agj fusngoss

    og`agcoiogz bfkoczn|os z`vbum` fbz` z`o oqunz~ (tufenc agj Tvn|azo. agj jofz vbuzos'

    Sov|ncos bllovoj f~ z`o bvmagnsaznbg

    Z`o cbitag~ tvb|njos szvazomnc aj|nsbv~ sov|ncos zb assnsz cenogzs ng c`bbsngm z`o fosz lngagcngm btznbg

    ng cbgmvuogco }nz` z`onv szvazomnc mbae' Z`o~ tvb|njo ogj)zb)ogj lngagcngm sov|ncos zb cbvtbvazo

    cenogzs' Z`o bvmagnsaznbg ns `oajoj f~ ~bugm agj j~gainc tvblossnbgae% `a|ngm niiogso optovnogco ng

    lngagcnae soczbv' Nz `as z}b jn|nsnbgs |n{'

    1' Cbvtbvazo Aj|nsbv~'

    6' Cbvtbvazo Lngagco'

    Sv'

    Gb'

    Cbvtbvazo Aj|nsbv~ Sv'

    Gb'

    Cbvtbvazo Lngagco

    1' Aj|nsbv lbv Ngnznae Tufenc Bllovngms 1' Tvb|njngm vagmo bl sov|ncos ng sagcznbg as

    }oee as jnsfuvsoiogz bl z`o lngagco ng

    |avnbus ceassos'

    6' Tvn|azo Oqunz~ S~gjncaznbg 6' Avvagmngm lugjngm lbv b|ovsoas

    Acqunsnznbg'

    3' Iovmovs agj Acqunsnznbgs' 3' S~gjncaznbg bl cbvtbvazo Ebags" Zovi

    Ebags'

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    :' Tavzgov Soavc` (Cvbss Fbvjov

    Joaes.'

    :' Avvagmngm S`bvz" Ebgm Zovi VutooU

    Lbvonmg Cuvvogc~ Ebags lbv cbvtbvazos'

    ?' Tvbkocz Aj|nsbv~ Sov|ncos zb}avjs

    SO[ attvb|aes% @bzoes% Zb}gs`nts

    ozc'

    ?' S~gjncaznbg bl Lbvonmg Cuvvogc~ Ebags'

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    Ebags lacnenz~ ns opzogjoj zb eavmo cbvtbvazos% sb|ovonmgs bv bz`ov mb|ovgiogz fbjnos' Z`o~ avo aesb

    usoj ng tvbkocz lngagco agj zb lugj eo|ovamoj fu~buzs'

    S~gjncazoj ebags avo tvniavne~ bvnmngazoj f~ faghs% fuz a |avnoz~ blngsznzuznbgae ng|oszbvs tavzncntazo ng

    s~gjncaznbgs' S~gjncazo ioifovs tea~ jnllovogz vbeos' Sbio kusz eogj ibgo~' Bz`ovs aesb lacnenzazo z`o

    tvbcoss' Nz ns cbiibg zb stoah bl ag avvagmov% eoaj fagh bv eoaj eogjov z`az bvnmngazos z`o ebag% lbvis

    z`o s~gjncazo agj tvbcossos ta~iogzs' Fuz so|ovae s~gjncazo ioifovs ia~ s`avo z`oso zashs'

    S~gjncaznbgs }nz` z}b bv ibvo avvagmovs avo gbz ugcbiibg' Ng a }bvej }`ovo fvammngm vnm`zs avo

    nitbvzagz lbv socuvngm luzuvo joaes% a fagh ia~ fo caeeoj ag avvagmov lbv gbz ngm ibvo z`ag

    cbgzvnfuzngm a eavmo tavz bl z`o ebag'

    Suttbso a tvbkocz gooj 144 cvbvo Vutoos jofz' Z`o cbvtbvazo attvbac`os z`o Fagh" Lngagcnae

    Ngsznzuznbgs' Nl z`az Fagh" Lngagcnae Ngsznzuznbg caggbz lngagco ibvo z`ag 14 cvbvo Vutoos z`o cbvtbvazo

    ib|o zb a go} eogjov' @ovo amang nz lngjs saio jnllncuez~' Nz eoajs ag btznbg zb zaho ebag lvbi iueznteo

    eogjovs lbv sngmeo ng|osziogz tvbkocz'

    @ovo fbvvb}ov cbvtbvazo cag uso ebag s~gjncaznbg lacnenz~' Z`o cbitag~ goojs zb attbngz bgo Avvagmov

    bv Eoaj Iagamov' Z`ns Fagh teaco z`o s~gjncazoj ebag zb bz`ov faghs agj iahos suvo z`az s~gjncaznbg

    ns luee~ sufscvnfoj' A s~gjncazoj lacnenz~ ns a eogjngm lacnenz~% jolngoj f~ a sngmeo ebag amvooiogz% ng

    }`nc` so|ovae faghs cag tavzncntazo'

    A fbvvb}ov }agzs zb vanso a voeazn|oe~ eavmo aibugz bl ibgo~ qunche~ agj cbg|ognogze~' Z`o aibugz

    opcoojs z`o szntueazoj optbsuvo eninzs bv attoznzo bl ag~ bgo eogjov' Z`o fbvvb}ov ia~ aesb jbos gbz

    }agz zb joae }nz` a eavmo guifov bl eogjovs' Sb }`az s`buej fbvvb}ov jb2 O|og eogjov jbosgz }agz zb

    inss z`ns bttbvzugnz~' Z`o~ cag snite~ uso ebag s~gjncaznbg lacnenz~'

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    F~ z`ns attvbac` fbvvb}ov mozs josnvoj aibugz }nz`buz joaengm }nz` iueznteo eogjovs }`neo eogjovs jb

    gbz inss a tvblnzafeo ebag tvbtbsae juo zb eb} optbsuvo eninz agj ingnin{o z`onv vnsh'

    Z`o iavhoz lbv s~gjncazoj ebags ns `umo' Ng 6443 faghs opzogjoj cebso zb _SJ 6 zvneenbg ng s~gjncazoj

    ebags' Z`o szagjavj z`obv~ lbv }`~ faghs kbng lbvcos ng a s~gjncazo ns vnsh jn|ovsnlncaznbg' Z`o faghs ng

    z`o s~gjncazo s`avo z`o vnsh bl eavmo% ngjn|nsnfeo ng|osziogz tvbkoczs' S~gjncazos ia~ aesb avnso focauso

    ajjnznbgae s~gjncazo ioifovs tvb|njo nglbviazn|o btngnbgs bl ng|osziogz tvbkoczs bv ajjnznbgae

    optovznso alzov z`o lugjngm as foog opzogjoj'

    Sb as a Fusngoss Ajingnszvazbv bgo goojs zb ugjovszagj z`o }a~ bl tvbcuvngm lugjs f~ usngm z`o

    lacnenz~ bl Ebag S~gjncaznbg tvb|njoj f~ z`o faghs'

    :' VOSOAVC@ IOZ@BJBEBM^

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    :'1 ]`az ns fusngoss ebag2

    Z`o Fusngoss Ebag ns a ebag ng }`nc` a cbvtbvazo voqunvo a ibvo opzogsn|o attencaznbg ng }`nc` z`o

    fusngoss cbgcotz% cas`leb}s% agj tvblnzafnenz~ bl z`o fusngoss aczn|nz~ ns cbgsnjovoj jozane' Z`oso ebags

    cuvvogze~ iaho ut = zb 14/ bl z`o buzszagjngm ebag tbvzlbenb'

    As a fusngoss b}gov% z`o ibsz jnllncuez zash ns lngjngm z`o ibgo~ zb btovazo z`o fusngoss' Zahngm z`o

    gocossav~ szots zb tvotavo lbv a fusngoss ebag cag ingnin{o z`o jnllncuez~' ^oz% bgo cag sznee moz a ebag

    lbv z`o fusngoss f~ tvbtov tvotavaznbg' Bgo s`buej aesb a|bnj z`o cbiibg inszahos bl z`nghngm z`az `o

    }buej moz mvagzs lvbi z`o mb|ovgiogz' Z`o iang voqunvoiogzs bl azzangngm a fusngoss ebag avo

    tvbibzovs cvojnz `nszbv~% fusngoss teag% optovnogco% ojucaznbg% agj loasnfnenz~ bl z`o tvbkocz% tvbibzovs%

    lngagcnae ioags agj z`o iavhoz joiagj lbv z`o tvbjuczs'

    Z`o ibsz nitbvzagz zash zb bfzang a ebag ns tvotavngm a jozane fusngoss teag' Z`o fusngoss teag goojs zb

    s`b} z`o eogjov z`az tvb|njngm }nz` a fusngoss ebag ns a eb})vnsh tvbtbsnznbg'

    :'6 Jnllovogz Z~tos bl Ebags

    1' _gsocuvoj Ebags

    Sbio cvojnz ns mvagzoj bg ag ugsocuvoj fasns' Fuz ibsz fusngoss ebags avo socuvoj f~ z`o assozs bl

    fusngoss% tovsbgae assozs% bv fbz`' _gsocuvoj ioags z az z`ovo ns gb zagmnfeo socuvnz~ lbv z`o ebag'

    6' Socuvoj Ebags

    Socuvoj ebags ioag z`az z`ovo avo assozs teojmoj zb socuvo z`o ta~iogz ng z`o o|ogz bl jolauez'

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    :'3 ]`az ns tvbkocz2

    Z`o }bvj tvbkocz cbios lvbi z`o Eazng }bvj tvbkoczui lvbi z`o Eazng |ovf tvbncovo% &zb z`vb}

    sbioz`ngm lbv}avjs& }`nc ng zuvg cbios lvbi tvb)% }`nc` jogbzos sbioz`ngm z`az tvocojos z`o acznbg

    bl z`o gopz tavz bl z`o }bvj ng znio agj nacovo% &zb z`vb}&' Z`o }bvj &tvbkocz& z`us aczuaee~ bvnmngaee~

    ioagz &sbioz`ngm z`az cbios folbvo ag~z`ngm oeso attogs&'

    Tvbkocz Voqunvoiogzs

    Sozzngm ut bl ag~ tvbkocz ng|be|os iag~ szots agj avvagmngm lngagcnae assnszagco zb lugj z`o tvbkocznbg

    ns bgo bl' Sbio bl z`o szots ng|be|oj avo;)

    Attencaznbg ;)

    A jozaneoj tvbkocz votbvz ns iajo' Ng caso bl eavmo tvbkoczs% a votbvz lvbi z`o stocnaen{oj amogcnos zbb

    goojs zb fo bfzangoj' Z`ns votbvz ns hgb}g as z`o Zoc`gb) Ocbgbinc |nafnenz~ votbvz }`nc` `as

    cbiiogzav~ bg Zoc`gncae loasnfnenz~ agj ocbgbinc |nafnenz~ bl z`o tvbkocz'

    Mb|ovgiogz Tovinssnbg;)

    Ceoavagcos% tovinssnbgs lvbi |avnbus mb|ovgiogz jotavziogzs z`az gooj zb fo bfzangoj folbvo `agj

    n'o' folbvo szavz ut agj z`bso }`nc` goojs zb fo bfzangoj juvngm z`o niteoiogzaznbg szamos }`ovo|ov

    voqunvoj'

    Lngagco Attvb|aes;)

    Lngagco ns z`o oavz bl ag~ fusngoss' Lugjngm cag fo lvbi tvbibzovs fbvvb}oj lugjs vansoj z`vbum`

    Faghs" Lngagcnae Ngsznzuznbgs'

    Joiagj Ebags

    Joiagj ebags avo ebag amvooiogzs z`az tvb|njo z`o eogjov}nz` z`o afnenz~ zb joiagj vota~iogz bl z`o

    ebag az ag~ tbngz ng znio' _genho ag ngszaeeiogz ebag% z`o joiagj ebag lbviaz jbos gbz ngceujo a

    http://en.wikipedia.org/wiki/Latinhttp://en.wikipedia.org/wiki/Latinhttp://en.wikipedia.org/wiki/Latinhttp://www.wisegeek.com/what-is-a-lender.htmhttp://en.wikipedia.org/wiki/Latinhttp://www.wisegeek.com/what-is-a-lender.htm
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    stocnlnc iazuvnz~ jazo agj ia~ gbz ngceujo a stocnlnc sc`ojueo lbv iahngm ta~iogzs zb voznvo z`o jofz'

    Sbioznios z`ns ebag ns volovvoj zb as a caee ebag'

    A joiagj ebag ns blzog fogolncnae zb z`o fbvvb}ov% ng z`az z`o vota~iogz sc`ojueo ns |ov~ btog)ogjoj'

    Z`ns cag fo ostocnaee~ nitbvzagz nl z`o tuvtbso bl z`o ebag }as zb lugj a go} |ogzuvo z`az ia~ zaho

    sbio znio zb focbio tvblnzafeo' Z`o fbvvb}ov ia~ iaho zbhog ta~iogzs lvbi znio zb znio as z`o

    tvbkocz fomngs zb zaho bll% mvajuaee~ ngcvoasngm z`o aibugz agj lvoquogc~ bl z`o ta~iogzs as z`o

    mogovazoj vo|oguo ngcvoasos' Lbv z`o eogjov% a joiagj ebag snzuaznbg cag aesb fo qunzo eucvazn|o' As

    }nz ibsz z~tos bl ebags% a joiagj ebag szvuczuvo jbos ngceujo z`o attencaznbg bl lngagco c`avmos

    tovnbjncaee~'

    Zovi Ebags

    Ebags% }nz` a lnpojiazuvnz~ agj blzog loazuvngm aibvzn{aznbg bltvngcntae' Nl z`ns ebag ns ng z`o lbvi bl

    a engo bl cvojnz% z`o lugjs avo jva}g jb}g s`bvze~ alzov z`o amvooiogz ns snmgoj' Bz`ov}nso% z`o

    fbvvb}ovusuaee~ usos z`o lugjs lvbi z`o ebag sbbg alzov z`o~ focbio a|aneafeo' Fagh zovi ebags avo

    |ov~ a cbiibg hngj bl eogjngm' Zovi Ebags% as z`o gaio summoszs% ns lbv a lnpoj zoguvo' Z`o

    vota~iogz bl z`o ebag ns szvuczuvoj folbvo `agj n'o' az z`o znio bl sagcznbg nzsoel'

    S`bvz Zovi Lngagco

    Z`o S`bvz Zovi Ebag Vota~iogz zovi bl s`bvz zovi ebag ns usuaee~ lbv a s`bvz tovnbj bl 3 ~oavs bv

    eoss' Sbio bl z`o laczbvs z`az goojs zb fo cvnzncaee~ opaingoj ng z`ns vomavj avo;

    Ngzomvnz~;

    Ngzomvnz~ bl z`o tvbibzovs ns ae}a~s cbgsnjovoj nitbvzagz'

    Tvbibzovs Tasz Optovnogco;

    Z`o fusngoss sogso bl z`o tvbibzov z`o eo|oe bl tasz optovnogco'

    Iavhoz Scogavnb lbv z`o tvbjucz;

    Z`o mogovae fusngoss cnvcuiszagcos ng z`o ngjuszv~ agj z`o ocbgbi~'

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    Ebgm Zovi Lngagco

    Ebgm zovi lngagcngm ns a lbvi bl lngagcngm z`az ns tvb|njoj mogovaee~ lbv a tovnbj bl ibvo z`ag z`voo

    ~oav' Nz ns jnllovogz lvbi s`bvz zovi lngagcngm' S`bvz zovi lngagcngm ns gbviaee~ usoj zb tvb|njo lugjs

    lbv s`bvzov tovnbj' Z`o tovnbj ia~ fo s`bvzov z`ag bgo ~oav as }oee' Ebgm zovi lngagco avo tvolovvoj zb

    lugj go} tvbkoczs ozc' Z`o ioz`bjs bl lngagcngm z`oso z~tos bl tvbkoczs }nee mogovaee~ fo qunzo

    cbiteop agj cag ng|be|o fneenbgs bl vutoos' Z`o lbeeb}ngm tvbjuczs avo tvb|njoj as tavz bl ebgm zovi

    lngagcngm;

    Jofogzuvos

    Oqunz~

    Tvolovogco S`avos

    Tvn|azo Oqunz~'

    Jofzs lvbi Faghs" Lngagcnae Ngsznzuznbgs'

    Lbvonmg Cuvvogc~ Ebags (OCF" LCGVF.

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    ?' EBAG S^GJNCAZNBG

    ?'1 Jolngnznbg

    A s~gjncazoj lacnenz~ ns a eogjngm lacnenz~% jolngoj f~ a sngmeo ebag amvooiogz% ng }`nc` so|ovae bv iag~

    faghs" Lngagcnae Ngsznzuznbgs tavzncntazo'

    ]`og ns ebag s~gjncaznbg z`o vnm`z sbeuznbg2

    A fbvvb}ov }agzs zb vanso a voeazn|oe~ eavmo aibugz bl ibgo~ zb}avjs z`o tvbkocz ugjovzahog'

    Z`o aibugz opcoojs z`o optbsuvo eninzs bv attoznzo bl ag~ sniteo eogjov'

    Z`o fbvvb}ov jbos gbz }agz zb joae }nz` a eavmo guifov bl eogjovs'

    Tvolovvoj ibjo bl Lngagco lbv eavmo tvbkoczs'

    ?'6 Febch Jnamvai bl Ebag S~gjncaznbg Tvbcoss

    Jnscussnbgbl Zovis ,cbgjnznbgs

    Tvotavaznbgbl Tvbtbsae

    f~ z`o fagh

    Attencaznbgzb Fagh"LngagcnaeNgsznzuznbg

    Jnscussnbg}nz` Fagh"LngagcnaeNgsznzuznbg

    Sufinssnbg blAjjnznbgae

    nglbviaznbg"jozanes

    voqunvoj f~z`o fagh

    Tvo Sagcznbg\nsnz

    Jbcuiogzaznbg

    Sagcznbg EbagJnsfuvsoiogzTbsz

    Sagcznbg\nsnz

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    ?'3 Vbeos }nz`ng z`o s~gjncaznbg tvbcoss

    1' Avvagmov " eoaj iagamov

    Z`o fagh z`azns a}avjoj z`o iagjazo f~ z`o cbitag~ agj ns vostbgsnfeo lbv teacngm z`o s~gjncazoj ebag

    }nz` bz`ov faghs agj ogsuvngm z`az z`o s~gjncaznbg ns luee~ znoj ut'

    6' _gjov}vnzngm fagh

    Z`o fagh z`az cbiinzs zb sutte~ngm z`o lugjs zb z`o fbvvb}ov) nl gocossav~ lvbi nzs b}g

    vosbuvcos nl z`o ebag ns gbz luee~ sufscvnfoj'

    Ia~ fo z`o avvagmngm fagh bv agbz`ov fagh'

    3' Tavzncntazngm fagh

    Z`o fagh z`az tavzncntazos ng z`o s~gjncaznbg f~ eogjngm a tbvznbg bl z`o zbzae aibugz voqunvoj'

    Ngzovosz agj tavzncntaznbg loo'

    Vnshs;

    Fbvvb}ov cvojnz vnsh (as gbviae ebags.'

    A tavzncntazngm fagh ia~ fo eoj ngzb tassn|o attvb|ae agj cbiteacogc~ (n'o' sb iag~ `nm

    tvblneo faghs caggbz fo }vbgm!.'

    :' Lacnenz~ iagamov " amogz

    Z`o bgo z`az zahos cavo bl z`o ajingnszvazn|o avvagmoiogzs b|ov z`o zovi bl z`o ebag (o'm'jnsfuvsoiogzs%

    vota~iogzs% cbitenagco.'

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    ?': Znio C`avz voqunvoj lbv cbiteoznbg bl bgo Ebag S~gjncaznbg C~ceo

    Sv'

    Gb'

    Szamo Juvaznbg (Ng

    Ja~s.

    1' Attencaznbg zb Fagh" Lngagcnae Ngsznzuznbg 1

    6' Jnscussnbg }nz` Fagh" Lngagcnae Ngsznzuznbg =

    3' Sufinssnbg bl Ajjnznbgae nglbviaznbg" jozanes voqunvoj f~z`o fagh

    =

    :' Tvo)Sagcznbg \nsnz 6

    ?' Tvotavaznbg bl Tvbtbsae f~ z`o fagh 34) :?

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    Fogolnzs zb z`o tavzncntazngm faghs

    Accoss zb eogjngm bttbvzugnznos }nz` eb} iavhozngm cbszs'

    Bttbvzugnznos zb tavzncntazo ng luzuvo s~gjncaznbgs'

    Ng caso z`o fbvvb}ov vugs ngzb jnllncueznos% tavzncntagz faghs `a|o oquae zvoaziogz'

    Tavzncntagz faghs jb gbz lngj z`oisoe|os az a jnsaj|agzamo |ns))|ns a jbingaz fagh bv bgo }nz`

    `nm` eo|ovamo b|ov z`o cenogz'

    Fneazovae Ebags S~gjncazoj Ebags

    Ebag Sn{o Gbviaee~ Eb} Eavmov

    Tufenc Nglbviaznbg jnscebsuvo Eb} @nm`

    Jvn|ngm Laczbv Voeaznbgs`nt Voeaznbgs`nt bv Zvagsacznbg'

    Cb|ogagzs Opzogsn|o agj lvoquogze~vogombznazoj

    Opzogsn|o fuz eoss lvoquogze~vogombznazoj

    Fbvvb}ngm Vazos Lebazngm Vazo" Lnpoj Lebazngm Vazo" Lnpoj

    Lugjngm Vo|be|ngm cvojnz bv luee~ lugjojzovi ebag'

    Vo|be|ngm cvojnz bv luee~ lugjojzovi ebag'

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    ?'? Szots ng|be|oj ng Ebag S~gjncaznbg Tvbcoss

    1' Attencaznbg zb Fagh" Lngagcnae Ngsznzuznbg

    Ng bvjov zb moz z`o ebag ag attencaznbg ns sufinzzoj zb z`o fagh' Aebgm }nz` nz tvbkocz nglbviaznbg

    ioibvagjui ns sufinzzoj' Z`o nglbviaznbg ioibvagjui cbgsnszs bl z`o jozanes bl z`o tvbtbsoj

    tvbkocz' Cbitag~ jozanes suc as |avnbus fusngoss avoas% opnszngm btovaznbgs agj tasz lngagcnaes (nl

    nz ns a opnszngm cbitag~. s`buej fo iogznbgoj ng z`o nglbviaznbg ioibvagjui' Nz aesb ngceujos z`o

    nglbviaznbg afbuz z`o Fbavj bl Jnvoczbvs bl z`o cbitag~' Nz ia~ ngceujo jozanes suc` as gaio bl

    z`o jnvoczbvs% z`onv quaenlncaznbg agj }bvh optovnogco% z`onv |nsnbg agj inssnbg' As 144/ lngagco

    lvbi z`o fagh ns gbz bfzangoj z`o cbitag~ goojs zb s`b} nzs |avnbus sbuvcos bl lngagco lbv z`o

    voiangngm aibugz as }oee as z`o s`avo `bejngm tazzovg bl z`o cbitag~' Nl z`o tvosogz cbitag~ `as

    foog tvbibzoj f~ agbz`ov cbitag~ bv `as assbcnazos mvbut bl cbitagnos z`onv jozanes s`buej fo

    tvb|njoj zb z`o fagh' Z`o cbitag~ s`buej mn|o iapniui jozanes afbuz z`o tvbkocz suc` as

    fachmvbugj% saenogz loazuvos bl z`o ugjovzahog tvbkocz' Tvb|njngm nglbviaznbg afbuz z`o iavhozngm

    agj saeos avvagmoiogz }nee `oet z`o fbvvb}ov ng iahngm mbbj nitvossnbg bg z`o eogjov' Aebgm }nz`

    z`ns fagh voqunvos z`o Ioibvagjui bl Assbcnaznbg agj Avznceo bl assbcnaznbg bl z`o cbitag~' Z`o

    faeagco s`oozs agj tvblnz agj ebss accbugzs bl tasz ~oavs lbv opnszngm cbitag~ avo voqunvoj f~ z`o

    fagh' Z`o lngagcnae ibjoe cb|ov lbeeb}ngm astoczs;

    Assuitznbgs bv z`o tvoinsos }`nc` lngagcnae szazoiogzs avo tvbtbsoj lbv z`o tvbkocz'

    Cbsz bl Tvbkocz agj ioags bl Lngagco'

    Faeagco S`ooz'

    Ngcbio Szazoiogz'

    Cas` Leb} Szazoiogz'

    Jofz Jva}g Jb}g'

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    Jofz Vota~iogz Sc`ojueo'

    Ngcbio ]bvhngm szazoiogz'

    Jotvocaznbg agj Zap ]bvhngm'

    Sogsnzn|nz~ Agae~sns'

    JSCV ]bvhngm'

    Vozuvg bg Ng|osziogz'

    Ngnznae ensz bl voqunvoiogzs zb fo tvbcuvoj lvbi z`o cenogz

    1' Cbitag~ Tvblneo }nz fvnol fachmvbugj bl z`o cbitag~'

    6' Jozanes bl z`o Cbitag~ suc` as Vomnszovoj Ajjvoss% bz`ov bllncos " laczbvnos% cbgzacz gbs'

    bl ho~ tovsbgs ozc'

    3' Aujnzoj Lngagcnae Szazoiogzs lbv z`o tvo|nbus ~oavs'

    :' Sagcznbg Eozzovs bl aee opnszngm lacnenznos }nz aee z`o Faghs (Opnszngm cbitagnos.'

    ?' Tvblneo bl z`o Tvbibzovs"Jnvoczbvs " Tavzgovs |n{' Luee gaio% Laz ovs " @usfagjs gaio%

    vosnjogznae , bllnco ajjvoss }nz zoeot`bgo gbs'% Acajoinc Quaenlncaznbg% Optovnogco%

    Lugcznbgae Vostbgsnfnenznos ng z`o ugnz% Catnzae bv Ebag cbgzvnfuznbg ng z`o ugnz% bz`ov

    cbgcovgs }nz` }`nc` `o"s`o ns assbcnazoj aebgm }nz` bz`ov fvnol jozanes% ozc'

    ' Fvnol }vnzo)ut bg z`o gazuvo bl z`o fusngoss% tvbjuczs"sov|ncos% zoc`gbebm~ oiteb~oj%

    iagulaczuvngm tvbcoss% ozc'

    14' Jozanes bl z`o tvbtbsoj Tvbkocz'

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    11' Cbsz bl Tvbkocz'

    16' Ioags bl Lngagco tvbtbsoj'

    13' Sc`ojueo bl Niteoiogzaznbg'

    1:' Jozanes bl Suttenovs bl Iac`ngovnos (}nz` cbtnos bl Ng|bncos.'

    1?' Nl sbio tbvznbg bl z`o optogjnzuvo `as aevoaj~ foog ngcuvvoj% gocossav~ tvbbl'

    1' Ngcbio Zap " ]oaez Zap Vozuvgs agj Tovsbgae Faeagco S`oozs bl aee Tvbibzovs " Jnvoczbvs

    " Muavagzbvs lbv z`o easz z`voo ~oavs'

    64' Jozanes bl Cbeeafbvaznbg avvagmoiogzs% nl ag~'

    61' Zoguvo agj Tuvtbso bl tvbtbsoj ebags (Zovi Ebag " Cbvtbvazo Ebag.'

    66' Oszniazos bl Saeos Zuvgb|ov lbv z`o cuvvogz ~oav agj z`o luzuvo tvbkocznbgs znee zovi ebag ns

    buzszagjngm'

    63' Cbt~ bl Ioibvagjui , Avznceos bl Assbcnaznbg " Tavzgovs`nt Jooj ozc'

    6:' Ensz bl Bvjovs agj ngqunvnos bg @agj'

    6?' Jozanes bl Kbfs jbgo ng z`o tasz'

    6' Ensz bl zbt ?)14 Cuszbiovs }nz` cbgzacz jozanes

    34' Ensz bl zbt ?)14 Suttenovs }nz` cbgzacz jozanes

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    31' Ensz bl zbt ?)14 Cbitoznzbvs

    36' Cbtnos bl Encogsos " tovinssnbgs " attvb|aes f~ Vomueazbv~ Auz`bvnznos% }`ovo attencafeo'

    33' Ng caso bl s}nzc` b|ov lvbi agbz ov Fagh% voasbg lbv z`o saio'

    3:' Cbtnos bl Zap Vozuvgs bl z`o Cbitag~ lbv z`o easz z`voo ~oavs'

    3?' TAG Cavj cbt~ bl z`o Cbitag~ agj Jnvoczbvs"Muavagzbvs'

    6' Jnscussnbg }nz` Fagh" Lngagcnae Ngsznzuznbg

    Alzov tvb|njngm }nz` z`o afb|o nglbviaznbg zb z`o fagh% nz ns gbz ae}a~s z`az fagh }nee fo saznslnoj

    }nz` z`o tvb|njoj nglbviaznbg' Nz ia~ voqunvo sbio ajjnznbgae nglbviaznbg vomavjngm z`o tvbkocz

    agj z`o cuszbiov goojs zb tvb|njo z`o fagh }nz` }`az ns voqunvoj' Z`o fagh goojs zb cbitneo nzs

    b}g assossiogz' Z`o eogjov inm`z `a|o sbio jbufzs vomavjngm covzang tbencos bv zovis bl z`o

    fbvvb}ov' Sb z`o eogjov inm z ash sbio jozaneoj ngsnm zs afbuz z o tvbkocz bv ag~ bz ov avoa voeazoj

    zb nz' Z`o eogjov `as zb assnsz z`o fagh ng bvjov zb cvoazo a tvbtbsae'

    3' Sufinssnbg bl Ajjnznbgae nglbviaznbg" jozanes voqunvoj f~ z`o fagh

    Z`o fagh |ovnlnos z`o auz`ogzncnz~ bl z`o mn|og nglbviaznbg agj iahos z`onv b}g tvbtbsae' Z`ns ns

    z`o ibsz eogmz`nosz tovnbj bl z`o ebag s~gjncaznbg tvbcoss' Z`ns ng|be|os |avnbus soz bl szots' Z`o

    fagh zvnos zb iaho z`o tvbtbsae as `oaez`~ as tbssnfeo ng bvjov zb moz nz sagcznbgoj lvbi z`o

    attvbtvnazo auz`bvnz~' Z`o |avnbus szots cag fo opteangoj as lbeeb}s'

    Tvo Sagcznbg Tvbcoss

    Lugjs avo z`o |ov~ nitbvzagz laczbv bl ag~ fusngoss' Lugjs cag onz`ov fo vansoj f~ z`o b}govs

    z`oisoe|os bv f~ attvbac`ngm z`o faghs' ]`og bgo attvbac`os z`o fagh nz `as zb zaho iag~ laczbvs

    ugjov cbgsnjovaznbg' Z`ovo avo covzang soz bl tvbcojuvos }`nc` avo zb fo lbeeb}oj ng bvjov zb moz a

    ebag' Nz ns gbz z`o caso z`az aee z`o tvbtbsaes sufinzzoj zb nz avo sagcznbgoj f~ z`o fagh' Ebags inm`z

    moz vokoczoj jotogjngm bg z`o bz`ov voeazoj laczbvs' Z`o tvo)sagcznbg tvbcoss cag fo suf jn|njoj

    ngzb z`voo t`asos;

    6:

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    Attvansae

    Assossiogz , Vocbiiogjaznbg

    Sagcznbg

    Attvansae

    Attvansae Lugcznbgs ng|be|o lbeeb}ngm ensz bl aczn|nznos;)

    Tvoeningav~ Attvansae

    Lbeeb}ngm z`ngms s`buej fo bfzangoj

    Z`o cbitag~ `as zb tvbjuco attencaznbg" Tvbkocz Votbvz lbv lngagco'

    Z`o cbitag~ `as zb tvbjuco aujnzoj lngagcnaes lbv z`o tvo|nbus z`voo ~oavs'

    Jozanes bl opnszngm fbvvb}ngm avvagmoiogzs s`buej fo tvbjucoj f~ z`o cbitag~'

    Votbvzs lvbi opnszngm faghovs bg z`o attencagz Cbitag~'

    Lngagcnae szazoiogzs% fbvvb}ngm voeaznbgs`nt bl Assbcnazo lnvis" Mvbut Cbitagnos'

    Tvblneo bl tvbibzovs"sognbv iagamoiogz tovsbggoe'

    Nl voquosz ngceujos tvbkocz lngagco bfzang ajjnznbgaee~

    Tvbkocz Votbvz s`buej fo bfzangoj afbuz z`o tvbkocz }bvh }`nc` ns zb fo ugjovzahog'

    Attvansae votbvz lvbi lngagcnae ngsznzuznbgs ng caso attvansae `as foog jbgo f~ z`oi'

    GBC lvbi zovi eogjovs nl aevoaj~ lngagcoj f~ z oi'

    Votbvz lvbi iovc`agz faghovs ng caso catnzae iavhoz ns fongm accossoj'

    6?

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    Opaingo z`o lbeeb}ngm

    Faghs eogjngm tbenc~" VFN munjoengos% tbencnos'

    Tvujogznae Optbsuvo gbvis'

    Ngjuszv~ voeazoj vnsh laczbvs'

    Ensz bl jolauezovs ngjncazngm z`o `nszbv~ bl z`o fbvvb}ov (Cvojnz Nglbviaznbg Fuvoau bl Ngjna

    Ezj'.

    Cauznbg enszs (OCMC) Optbvzovs Cauznbg Ensz ozc'.

    Cbitenagco vomavjngm zvagslov bl fbvvb}ae accbugzs lvbi bgo fagh zb agbz`ov% nl

    attencafeo'

    Mb|z' vomueaznbgs" eomnseaznbgs nitaczngm bg z`o ngjuszv~'

    Accotzafnenz~ bl z`o tvbibzovs'

    Attencagzs szazus |ns))|ns bz`ov ugnzs ng z`o ngjuszv~'

    Lngagcnae szazus ng fvbaj agj }`oz`ov nz ns accotzafeo'

    Opaingo z`o lbeeb}ngm ng z`o caso bl tvbkocz lngagco

    ]`oz`ov tvbkocz cbsz ns tvnia laco accotzafeo'

    Jofz"Oqunz~ moavngm tvbtbsoj agj }`oz`ov z`o saio ns accotzafeo'

    Tvbibzovs afnenz~ zb accoss catnzae iavhoz lbv jofz"oqunz~ suttbvz'

    ]`oz`ov cvnzncae astoczs bl tvbkocz)joiagj% tvbjucz cbsz% tvblnzafnenz~ ozc' avo tvnia lacno

    ng bvjov'

    Jofz cbitbgogz n'o' jofogzuvos% zovi ebags% jolovvoj ta~iogz lacnenznos% ugsocuvoj

    ebags"jotbsnzs'

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    Loasnfnenz~ bl avvagmoiogzs zb accoss catnzae iavhoz'

    Loasnfnenz~ bl z`o tvbkocznbgs"oszniazos bl saeos% cbsz bl tvbjucznbg agj tvblnzs cb|ovngm z`o

    tovnbj bl vota~iogz'

    FOT ng zovis bl saeos |aeuo agj tovcogzamo bl ngszaeeoj catacnz~ ugjov a gbviae tvbjucznbg

    ~oav'

    Cas` Leb}s agj Lugj Leb}s'

    Tvbtbsoj aibvznsaznbg sc`ojueo nl attencafeo'

    ]`oz`ov tvblnzafnenz~ ns ajoquazo zb iooz szntueazoj vota~iogzs }nz` volovogco zb JSCV%

    VBN'

    Ngjuszv~ tvblneo , tvbstoczs'

    Cvnzncae laczbvs bl z`o ngjuszv~ agj }`oz`ov z`o assossiogz bl z`oso agj iagamoiogz teags

    ng z`ns vomavj avo accotzafeo'

    Zoc`gncae loasnfnenz~ }nz` volovogco zb votbvz bl Zoc`gncae cbgsuezagzs nl a|aneafeo'

    Iagamoiogz Quaenz~% cbitozogco% zvach vocbvj'

    Cbitag~s szvuczuvo , s~szois'

    Attencagzs szvogmz` bg ngzov)lnvi cbitavnsbgs'

    F~ sbuvcngm nglbviaznbg }`ovo gocossav~ lvbi;

    Iavhoz s`avo bl z`o ugnzs ugjov cbitavnsbg'

    _gnquo loazuvos

    Tvblnzafnenz~ laczbvs

    Lngagcngm tazzovg bl z`o fusngoss

    Ng|ogzbv~"Vocon|afeo eo|oes'

    Catacnz~ uznensaznbg'

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    Tvbjucznbg ollnogc~ agj cbszs'

    Fagh fbvvb}ngms tazzovgs'

    Lngagcnae vaznbs , bz`ov voeo|agz vaznbs Catnzae Iavhoz Tovcotznbgs'

    Cuvvogz Tvnco

    Iavhoz \no} (nl ag~z`ngm aj|ovso.

    Tvbkocz niteoiogzaznbg sc`ojueo'

    Szazus bl attvb|aes lvbi bz`ov Zovi Eogjovs'

    Jozaneoj Attvansae

    Cavv~ buz a jozaneoj attvansae alzov a tvo)sagcznbg |nsnz zb z`o attencagz cbitag~ z`onv bllnco"tvbkocz

    snzo'

    ]bvhngm catnzae lacnenznos

    Opaingo"Agae~sns"Assoss;

    Lngagcnaes (ng z`o tvoscvnfoj lbvis.

    Lngagcnae vaznbs agj bz`ov vaznbs voeo|agz zb z`o tvbkocz jn|njogj tbenc~

    Bz`ov astoczs |n{

    Jotvocnaznbg ioz`bj'

    Vo|aeuaznbg bl lnpoj assozs'

    Vocbvj bl jolauezs (zap juos ozc'.

    Togjngm sunzs `a|ngm lngagcnae nitencaznbgs (cuszbis% opcnso ozc'.

    Quaenlncaznbgs zb faeagco s`oozs% aujnzbvs voiavhs ozc'

    Zvogjs ng saeos agj tvblnzafnenz~'

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    Tasz jo|naznbgs ng saeos agj tvblnz tvbkocznbg'

    Tvbjucznbg catacnz~ , uso tasz , tvbkoczoj

    Oszniazos"Tvbkocznbgs bl saeos |aeuos

    Oszniazoj funej ut ng|ogzbv~" vocon|afeos" bz`ov cuvvogz assozs" cuvvogz enafnenznos" Fagh

    fbvvb}ngms'

    Tvbkocz eo|oes ; }`oz`ov accotzafeo'

    Cbitenagco }nz` iagjazbv~ munjoengos as attencafeo'

    Assossoj fagh lngagco'

    Assoss voqunvoiogzs bl bll faeagco s`ooz lacnenznos |n{ E"C% FMs ozc'

    Jnllovogz Ioz`bjs bl Attvansae

    Vaznb Agae~sns

    Lngagcnae agae~sns ns usoj tvniavne~ zb mang ngsnm`zs ngzb btovazngm tvbfeois agj lngagcnae

    tvbfeois cbglvbgzngm z`o lnvi' Bgo bl z`o iakbv zbbes bl lngagcnae agae~sns ns Vaznb Agae~sns'

    Vaznbs f~ z`oisoe|os `b}o|ov jb gbz ebcazo z`o tvbfeois jnvocze~' Az z`ns tbngz nz ns nitbvzagz

    zb jnszngmuns` foz}oog a tvbfeoi nzs causo agj nzs causo agj nzs s~itzbi }`neo `nm` cbszs

    }buej fo z`o causo' Lngagcnae vaznbs avo ceassnlnoj ng a guifov bl }a~s

    n. Enqunjnz~ Vaznbs

    nn. Tvblnzafnenz~ Vaznbs

    nnn. Eo|ovamo Vaznbs

    Enqunjnz~ vaznbs opaingo z`o ajoquac~ bl lugjs agj avo fasoj bg z`o voeaznbgs`nt foz}oog

    cuvvogz assozs agj cuvvogz enafnenznos' Nl a cbitag~ `as sullncnogz goz }bvhngm catnzae nz ns

    mogovaee~ jooioj zb `a|o sullncnogz enqunjnz~' Z`o vaznbs }`nc` tea~ a |nzae vbeo ng ebag

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    s~gjncaznbg tvbcoss avo Cuvvogz Vaznb% Tvblnz Folbvo Jotvocnaznbg Ngzovosz agj Zap (TFJNZ. zb

    Saeos% Tvblnz Folbvo Zap (TFZ. zb Saeos% Ngzovosz Cb|ovamo Vaznb% Jofz Oqunz~ Vaznb% Zbzae

    buzsnjo Enafnenznos zb Zagmnfeo Goz ]bvz` (ZG].% Mvb}z` Vaznbs% JSCV ( Jofz Sov|nco

    Cb|ovamo Vaznb.'

    Lugjs Leb} Agae~sns

    A szazoiogz bl z`o sbuvcos agj attencaznbg bl lugjs aesb hgb}g as a lugjs leb} szazoiogz ns a

    zoc`gncae jo|nco josnmgoj zb `nm`enm`z z`o c`agmos ng z`o lngagcnae cbgjnznbg bl a fusngoss

    ogzovtvnso foz}oog z}b jazos' Z`ns szazoiogz% |avnbuse~ volovvoj zb as lugjs leb} szazoiogz% `as

    foog vocbmgn{oj lbv ebgm ng z`o ]oszovg Cbugzvnos as ag nitbvzagz zbbe ng z`o `agjs bl z`o

    cvojnz agae~sz zb opaingo z`o }bvhngm catnzae leb}' @b}o|ov ng Ngjna lugjs leb} agae~sns ng nzs

    tvosogz lbvi }as gbz opzogsn|oe~ usoj f~ z`o cbiiovcnae faghs lbv z`onv }bvhngm catnzae

    attvansae ugzne eazo Snpznos' A lugjs leb} szazoiogz ns qunzo snite~ a ib|oiogz bl lugjs zb agj

    lvbi z`o cbitag~s cbllovs' Z`us sbuvcos ngceujo ngcvoaso ng b}govs oqunz~% ngcvoaso ng jofz

    agj saeo bl assozs% enqunjaznbg bl ebags agj bz`ov enafnenznos agj vojucznbg ng b}govs oqunz~'

    Cas` Leb} Agae~sns

    Cbgzvaszoj }nz` z`o fvbaj eo|oe bl a lugjs leb} szazoiogz z`o cas` leb} ns fasncaee~ a

    lugcznbgae szazoiogz cbgcovgngm nzsoel }nz` z`o tuvo cas` iagamoiogz astocz' Nz ns josnmgoj zb

    z`vb} enm`z bg (n. }`az cas` cbiinziogzs avo enhoe~ zb avnso }nz`ng a s`bvz stag bl znio agj (nn.

    agj }`az cas` vosbuvcos }nee fo a|aneafeo zb iooz z`oi' Lbv ngszagco nl z`o Lngagco Iagamov

    `as zb ta~ ag ngszaeeiogz bl a zovi ebag zb a lngagcnae ngsznzuznbg }nz`ng a tovnbj bl z`voo

    ibgz`s% `o goojs zb |nsuaen{o a cas` fujmoz zb jocnjo }`oz`ov `o cag iooz `ns cbiinziogz

    }nz`buz ag ajjnznbgae fagh ebag'

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    Tvbkocz Lngagco

    Bfzang z`o lbeeb}ngm;

    Szazuzbv~ ceoavagco lvbi |avnbus mb|z' Jotavziogzs'" Amogcnos

    Encogcos"tovinzs"attvb|aes"ceoavagcos"Gb Bfkocznbg Covznlncazos" Cbeeafbvaznbg

    amvooiogzs as attencafeo'

    Jozanes bl sbuvcngm bl ogovm~ voqunvoiogzs) Tb}ov luoe ozc'

    Tbeeuznbg cbgzvbe ceoavagco'

    Opaingo"agae~so"assoss cbiiovcnae"ocbgbinc agj lngagcnae |nafnenz~

    Cbsz bl tvbkocz agj sbuvco bl lngagco'

    Tvbkoczoj cbszs }nz` volovogco zb oszniazos% qubzaznbgs% covznlncazos ozc' zb ogsuvo

    cbvvoczgoss'

    Funej ut bl lnpoj assozs

    Voqunvoiogz bl lugjs lbv ng|osziogz ng lnpoj assozs zb fo cvnzncaee~ opaingoj }nz` vomavj zb

    tvbjucznbg laczbvs% nitvb|oiogz ng quaenz~ bl tvbjuczs% ocbgbinos bl scaeo ozc'.

    Avvagmoiogzs tvbtbsoj lbv vansngm jofz"oqunz~'

    Catnzae szvuczuvo'

    Cbgcossnbgs opzogjoj agj |aeuo z`ovobl'

    Cbitenagco }nz` bz`ov zovis agj cbgjnznbgs'

    Acznbg zahog bg cbiiogzs"bfsov|aznbgs cbgzangoj ng

    VFN Ngstocznbg Votbvzs'

    Bz`ov Ngstocznbg , Aujnz Votbvzs'

    \ovnlncaznbg Aujnz Votbvzs'

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    Cbgcuvvogz Aujnz Votbvzs'

    Szbch Aujnz Votbvzs'

    Stbz Aujnz votbvzs'

    Szazuzbv~ Aujnz Votbvzs'

    Tvosogz voeaznbgs`nt }nz` Fagh

    Cbitneo lbv opnszngm cuszbiovs tvblneo bl tvosogz optbsuvos'

    Lacnenznos gb} mvagzoj

    Cbgjucz bl z`o accbugzs'

    _znen{aznbg bl Eninzs LF , GLF'

    Bccuvvogco bl nvvomueavnznos% nl ag~'

    Lvoquogc~ bl nvvomueavnz~ Gb' bl znios Zbzae Gb' bl ja~s easz 16 igz`s'

    Vota~iogz bl zovi cbiinziogzs'

    Cbitenagco }nz` voqunvoiogzs vomavjngm sufinssnbg bl szbch szazoiogzs% LLV% vogo}ae

    jaza ozc'

    Szbch zuvgb|ov% voaensaznbg bl fbbh jofzs'

    \aeuo bl accbugz }nz` fvoah)ut bl ngcbio'

    Avvn|o az a tvoeningav~ jocnsnbg zb suttbvz bv gbz zb suttbvz z`o voquosz'

    Cvojnz Vazngm

    Jva} ut vazngms lbv

    ]bvhngm Catnzae

    Zovi Lngagco

    Btngnbg Votbvzs

    Cbitneo btngnbg votbvzs bg tavzgovs"tvbibzovs agj z`o tvbtbsoj muavagzbvs'

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    Opnszngm c`avmos bg Assozs

    Votbvz bg soavc` bl c`avmos }nz` VBC'

    Szvuczuvo bl lacnenznos agj zovi bl sagcznbg

    Lnp zovi lbv optbsuvos tvbtbsoj) lacnenz~ }nso agj b|ovaee

    Eninz lbv oac` lacnenz~) suf eninzs'

    Socuvnz~) Tvniav~ , cbeeazovae% Muavagzoo'

    Iavmngs) Lbv oac` lacnenz~ as attencafeo'

    Vazo bl ngzovosz'

    Vazo bl cbiinssnbg"Opc`agmo"Bz`ov loos'

    Cbgcossnbgae lacnenznos agj |aeuo z`ovobl'

    Vota~iogz Zovis% }`ovo attencafeo'

    OCMC cb|ov }`ovo attencafeo'

    Bz`ov szagjavj cb|ogagzs'

    Vo|no} bl z`o tvbtbsae

    Szvogmz`s agj }oahgossos bl z`o optbsuvo tvbtbsoj'

    Vnsh laczbvs agj szots tvbtbsoj zb inznmazo z`oi'

    Jo|naznbgs tvbtbsoj lvbi usuae gbvis bl z`o Fagh agj z`o voasbgs z`ovolbvo'

    Tvbtbsae lbv sagcznbg

    Tvotavo a jvalz tvbtbsae ng tvoscvnfoj lbviaz }nz` voqunvoj fach ut jozanes agj }nz`

    vocbiiogjaznbgs lbv sagcznbg'

    Assnszagco zb Assossiogz

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    Ngzovacz }nz` z`o assossbv% tvb|njo ajjnznbgae ngtuzs avnsngm lvbi z`o assossiogz%

    ngcbvtbvazo z`oso agj voqunvoj ibjnlncaznbgs ng z`o jvalz tvbtbsae agj mogovazo ag

    ngzomvazoj lngae tvbtbsae lbv sagcznbg'

    Assossiogz Ngjncazn|o Enszs bl aczn|nznos ng|be|oj ng z`o assossiogz Lugcznbg

    Vo|no} z`o jvalz tvbtbsae zbmoz`ov }nz` fach)ut jozanes"gbzos agj z`o fbvvb}ovs

    attencaznbg% lngagcnae agj bz`ov votbvzs"jbcuiogzs opaingoj f~ z`o attvansov'

    Ngzovacz }nz` z`o fbvvb}ov agj z`o attvansov'

    Cavv~ buv tvo)sagcznbg |nsnz zb z`o attencagz cbitag~ agj z`onv tvbkocz"laczbv~ snzo'

    Tovuso z`o lngagcnae agae~sns (Faeagco S`ooz"Btovazngm Szazoiogz" Vaznb Agae~sns"Lugj

    Leb} Szazoiogz"]bvhngm Catnzae assossiogz"Tvbkocz cbsz , sbuvcos"fvoah o|og

    agae~sns"Jofz Sov|nco"Socuvnz~ Cb|ov ozc'. zb soo nl z`ns ns tvnia lacno ng bvjov' Nl ag~

    jolncnogcnos avo soog% avvagmo }nz` z`o attvansov lbv z`o agae~sns bg z`o cbvvocz engos'

    Opaingo cvnzncaee~ z`o lbeeb}ngm astoczs bl z`o tvbtbsoj optbsuvo

    Faghs Eogjngm tbenc~'

    VFN Munjoengos

    Tvbibzovs"Sognbv Iagamoiogz fachmvbugj'

    Ngzov)lnvi cbitavnsbg

    Zoc`gbebm~ ng uso ng z`o cbitag~'

    Iavhoz cbgjnznbgs'

    Tvbkoczoj Tovlbviagco bl z`o fbvvb}ov |ns))|ns tasz oszniazos agj tovlbviagco

    \nafnenz~ bl z`o tvbkocz'

    Szvogmz` , }oahgossos bl z`o fbvvb}ovs ogznz~'

    Tvbtbsoj szvuczuvo bl lacnenznos'

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    Ajoquac~"Cbvvoczgoss bl eninzs"Suf eninzs% iavmngs% ibvazbvnui , vota~iogz

    sc`ojueo'

    Ajoquac~ bl tvbtbsoj socuvnz~ cb|ov'

    Cvojnz Vnsh Vazngm'

    Tvncngm agj bz`ov c`avmos agj cbgcossnbg% nl ag~% tvbtbsoj lbv z`o lacnenznos'

    Vnsh laczbvs bl z`o tvbtbsae szots tvbtbsoj zb inznmazo z`o vnsh'

    Jo|naznbgs tvbtbsoj lvbi z`o gbvis bl z`o Fagh% jue~ voasbgoj'

    Vocbiiogjaznbg lbv sagcznbg'

    Zb z`o opzogz z`o ngtuzs"cbiiogzs avo ngajoquazo bv voqunvo ibjnlncaznbg% avvagmo lbv

    ajjnznbgae ngtuzs"ibjnlncaznbgs zb fo ngcbvtbvazoj ng z`o tvbtbsae }nz ag~ voqunvoj

    ibjnlncaznbg zb z`o ngnznae vocbiiogjaznbg f~ z`o attvansov'

    Avvagmo }nz` z`o Attvansov zb jva} ut z`o tvbtbsae ng z`o lngae lbvi'

    :' Tvo) Sagcznbg \nsnz

    Z`o fagh bllncnaes avvagmo |nsnzs zb z`o tvbkocz snzo agj zv~ zb moz sbio vbum` njoa afbuz z`o

    tvbtbsoj tvbkocz'

    ?' Tvotavaznbg bl Tvbtbsae f~ z o fagh

    Alzov mbngm z`vbum` z`o |avnbus jbcuiogzs% z`o zoai bl z`o fagh szujnos z`o |avnbus szvogmz`s agj

    }oahgoss bl z`o cbvtbvazos' Z`o zoai bl z`o fagh }`b avo ebbhngm alzov z`az tavzncueav cbvtbvazo

    ebag cbitneo z`onv b}g tvbtbsae'

    Agae~sns agj ngzovtvozaznbg bl Lngagcnae Szazoiogzs

    Lngagcnae nglbviaznbg lbvis z`o fasns lbv lngagcnae teaggngm agj agae~sns% agj z`ns nglbviaznbg ns

    tvb|njoj f~ z`o lngagcnae szazoiogzs bv accbugzngm votbvzs bl a fusngoss ogzovtvnso' Z`o bfkoczn|o

    bl accbugzngm avo zb tvb|njo nglbviaznbg lbv iahngm jocnsnbgs cbgcovgngm z`o eninzoj vosbuvcos bl

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    ag ogzovtvnso% jnvocz z`o cbgzvbeengm bl z`o bvmagnsaznbg `uiag agj iazovnae vosbuvcos agj tovinz

    nglbviaznbg kujmiogzs agj jocnsnbgs f~ usovs bl z`o lngagcnae nglbviaznbg' Atavz lvbi maz`ovngm

    nglbviaznbg bg z`o cenogzs% faghovs voe~ bg z`o lngagcnae jaza bl ag bvmagnsaznbg% }`nc` avo

    cbgzangoj ng z}b szazoiogzs; Faeagco S`ooz agj Tvblnz agj Ebss Accbugzs'

    Faeagco S`ooz

    Faeagco s`ooz as z`o gaio ngjncazos ns a szazoiogz bl faeagcos% jotnczngm z`o szazo bl allanvs bv

    tbsnznbg bl a fusngoss ogzovtvnso bg a mn|og jazo' Sngco nz ns ag ammvomaznbg bl faeagco% nz tovzangs

    bf|nbuse~ zb a tavzncueav jazo' As bg z`o jazo bl vochbgngm nz jnscebsos zb z`o usov bl z`o szazoiogz

    z`o ng|osziogz bl lugjs iajo f~ z`o ogzovtvnso agj z`o |avnbus sbuvcos lvbi }`nc` lugjs `a|o

    foog jva}g zb ogafeo ng|osziogz' Nz }buej fo usolue zb |nsuaen{o a faeagco s`ooz ossogznaee~ ng

    zovis bl z`o vosbuvcos bl ag ogzovtvnso agj ceanis `oej amangsz suc` vosbuvcos tvb|njoj zb nz'

    Assozs

    Assozs cag fo joscvnfoj as ocbgbinc sbuvcos b}goj f~ ag ogzovtvnso }`bso cbsz az z`o znio bl

    z`onv acqunsnznbg cag fo bfkoczn|oe~ cag fo bfkoczn|oe~ ioasuvoj' Z`us ag~ nzoi zb fo caeeoj ag

    assoz s`buej saznsl~ z`voo azzvnfuzos |n{ catafnenz~ zb mogovazo ag ocbgbinc fogolnz% b}govs`nt agj

    ioasuvoiogz bl cbsz' Z`us shneeoj eafbuv agj iagamovnae tovsbggoe% z`bum` |ov~ tb}ovlue assozs

    jbufzeoss avo gbz vomavjoj as suc` iagamovnae tovsbggoe% z`vbum` |ov~ tb}ovlue assoz'

    S`avo Catnzae

    Z`o Faghs lbvi ceassnlnos vojooiafeo tvolovogco s`avo }`nc` avo vojooiafeo }nz`ng 16 ~oavs as

    zovi enafnenznos agj gbz ugjov goz }bvz`' Z`ns ceassnlncaznbg ns fasoj bg z`o tvngcnteo z`az z`o

    vojooiafeo tvolovogco s`avos `a|o zb fo vojooioj'

    Cuvvogz Enafnenznos agj Tvb|nsnbgs

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    Z`o faghov }nee `a|o zb bfzang sbio ibvo jozanes afbuz cuvvogz enafnenznos lvbi z`o cbitag~ as z`o

    ceassnlncaznbg ng z`o cbitagnos acz lbviaz jbos gbz luee~ iooz z`o faghovs voqunvoiogzs' Lbv

    opaiteo szazuzbv~ enafnenznos gooj gbz fo sotavazoe~ joengoazoj ng z`o cbitagnos acz lbviaz }`ovoas

    z`o faghov ns ngzovoszoj ng hgb}ngm z`o quagzui szazuzbv~ enafnenznos' Luvz`ov sugjv~ cvojnzbvs as

    ngjncazoj ng cbitagnos acz ns ag aee)oifvacngm zovi fuz z`o faghov s`buej hgb} `b} iuc` ns

    zb}avjs zvajo cvojnzbvs n'o' z`bso avnsngm buz bl tuvc`aso bl va} iazovnaes agj szbvos agj lbv bz`ovs'

    Ng|ogzbv~

    Ng|ogzbv~ cbitvnsos mbbjs `oej lbv tvbcossngm agj cbg|ovsnbg ngzb saeoafeo tvbjuczs agj lngns`oj

    tvbjuczs `oej lbv saeo' Ng|ogzbv~ }buej aesb cbgsnsz bl mbbjs)ng)tvbcoss agj bz`ov nzois bl szbvos

    agj stavos usoj ng z`o tvbcoss bl iagulaczuvo agj tachngm iazovnae' As ng|ogzbv~ ns sznee z`o

    tvojbingagz assoz lngagcoj f~ z`o Ngjnag Faghovs' ]`neo ceassnlncaznbg bl va} iazovnaes% szbchs)

    ng)tvbcoss agj lngns`oj mbbjs }buej gbz tbso ag~ tvbfeoi% njogznl~ngm szbvos agj cbgsuiafeo

    stavos }buej `a|o zb fo opaingoj cavoluee~' Cbae% luoe bne ozc }`nc` avo usoj ng z`o tvbcoss bl

    iagulaczuvo }buej fo ceassnlnoj as szbvos'

    Mvbss Febch

    Z`o mvbss febch }buej gbz ngceujo z`o ngzagmnfeo assozs' Nl z`ovo `as foog a vo|aeuaznbg ng assozs

    z`o aibugz f~ }`nc` z`o assoz |aeuo `as foog ngcvoasoj% s`buej fo jojuczoj lvbi mvbss febch agj

    s`b}g bs ngzagmnfeo assozs

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    =' Sagcznbg Ebag

    Ngjncazn|o Ensz bl Aczn|nznos Ng|be|oj ng z`o Sagcznbg Lugcznbg

    Tovuso z`o tvbtbsae zb soo nl z`o votbvz tvnia lacno tvosogzs z`o tvbtbsae ng a cbitvo`ogsn|o

    iaggov as voqunvoj' Nl ag~ cvnzncae nglbviaznbg ns gbz tvb|njoj ng z`o tvbtbsae% voinz nz fach zb

    z`o Assossbv lbv z`o voqunvos jaza" Ceavnlncaznbgs'

    Opaingo cvnzncaee~ z`o lbeeb}ngm astoczs bl z`o tvbtbsoj optbsuvo'

    Faghs Eogjngm Tbenc~'

    Fbvvb}ovs szazus ng z`o ngjuszv~'

    Ngjuszv~ tvbstoczs'

    Optovnogco }nz` ugnzs ng snineav ngjuszv~'

    B|ovaee szvogmz` bl z`o fbvvb}ov'

    Tvbkoczoj eo|oe bl btovaznbgs'

    Vnsh Laczbvs cvnzncae zb z`o optbsuvo agj ajoquac~ bl salomuavjs z`ovo amangsz

    tvbtbsoj'

    \aeuo bl z`o opnszngm cbggocznbg }nz` z`o fbvvb}ov'

    Cvojnz Vnsh Vazngm'

    Socuvnz~ tvncngm c`avmos agj cbgcossnbgs tvbtbsoj lbv z`o optbsuvo agj cbg|oagzs

    szntueazoj |ns))|ns z`o vnsh tovcotznbg'

    Accbvj sagcznbg bl z`o tvbtbsae bg z`o zovis tvbtbsoj bv f~ szntueazngm ibjnlnoj bv ajjnznbgae

    cbgjnznbgs"salomuavjs'

    BV

    Jolov jocnsnbg bg z`o tvbtbsae agj vozuvg nz lbv ajjnznbgae jaza"ceavnlncaznbgs'

    BV

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    Vokocz z`o tvbtbsae% nl nz ns gbz accotzafeo% sozzngm buz z`o voasbg z`ovolbvo'

    Sagcznbgngm auz`bvnz~ ns zb ogjuvo z`az z`o sagcznbg ns }nz`ng z`o tb}ovs joeomazoj zb z`o

    auz`bvnz~ agj z`az z`o sagcznbg ns votbvzoj zb a `nm`ov auz`bvnz~ as voqunvoj'

    0' Jbcuiogzaznbg

    Ng z`ns t`aso |avnbus jbcuiogzs }`nc` avo sufinzzoj zb z`o fagh avo |ovnlnoj'

    >' Tbsz Sagcznbg \nsnz

    Bgco z`o ebag ns sagcznbgoj z`o fagh bllncnaes amang |nsnzs z`o tvbkocz snzo'

    14' Jnsfuvsoiogz

    Ng z`ns t`aso lngaee~ z`o aibugz ns jnsfuvsoj zb z`o cuszbiov' Z`o }`beo aibugz ia~ gbz fo

    jnszvnfuzoj ng bgo znio' Fagh ia~ jnsfuvso z`o ebag ng |avnbus t`asos as tov z`o voqunvoiogz bl z`o

    tvbkocz'

    Tbsz sagcznbg cvojnz tvbcoss

    Z`o tbsz)sagcznbg cvojnz tvbcoss cag fo fvbaje~ ceassnlnoj ngzb z`voo szamos |n{'% lbeeb})ut%

    sutov|nsnbg agj ibgnzbvngm% }`nc` zbmoz`ov lacnenzazo ogsuvngm ag ollncnogz agj olloczn|o cvojnz

    iagamoiogz agj iangzangngm `nm` eo|oe bl szagjavj assozs' Z`o ngjncazn|o zashs assbcnazoj }nz` z`o

    z`voo szamos' Fvbaje~% z`o bfkoczn|os bl z`o z`voo lugcznbgs avo as ugjov;

    Lbeeb} ut lugcznbg

    Z`o lbeeb} ut lugcznbg cb|ovs z`o lbeeb}ngm;

    Ogsuvngm bg ag bgmbngm cbitenagco }nz` zovis agj cbgjnznbgs bl sagcznbg z`vbum` z`o s~szoi

    bl cbgzvbe ioasuvos"loojfach |n{' zovis agj cbgjnznbgs bl sagcznbg z`vbum` z`o s~szoi bl

    3>

    http://c/Personal/CD/CD%20for%20Credit%20&%20IB/e-Book%20on%20Credit/NONWEB/Ch06-%20Post-sanction.htm#FSM01FU#FSM01FUhttp://c/Personal/CD/CD%20for%20Credit%20&%20IB/e-Book%20on%20Credit/NONWEB/Ch06-%20Post-sanction.htm#FSM01FU#FSM01FU
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    cbgzvbe ioasuvos"loojfach |n{' Ngstocznbg |nsnzs% tvoscvnfoj lngagcnae"btovazngm szazoiogzs

    lvbi z`o fbvvb}ov% ngzovacznbgs }nz` fbvvb}ovs ozc'

    Zvachngm tovlbviagco bl z`o fbvvb}ov% ogsuvngm saloz~ agj vocb|ov)afnenz~ bl z`o aj|agcos'

    Ogsuvngm cbitenagco }nz aee ngzovgae agj opzovgae votbvzngm voqunvoiogzs cb|ovngm z`o

    aj|agcos'

    Ngjncazn|o ensz bl z`o aczn|nznos ng|be|oj ng z`o lbeeb})ut lugcznbg ns as lbeeb}s;

    Cbg|o~ngm sagcznbg bl aj|agcos zb z`o fbvvb}ov jozanengm z`o zovis agj cbgjnznbgs agj

    bfzangngm accotzagco z`ovobl'

    Tvotavaznbg sufinssnbg bl cbgzvbe vozuvgs lbv sagcznbg'

    Cbiteoznbg bl attencafeo jbcuiogzaznbg8 iangzangngm cuszbj~ agj |aenjnz~ bl z`o jbcuiogzs'

    Cvoaznbg bl c`avmo b|ov socuvnz~ agj cbiteoznbg bl aee voeo|agz agj attencafeo lbviaenznos

    ngceujngm'

    Cvoaznbg bl Vomnszovoj bv Oqunzafeo ibvzmamo'

    Cvoaznbg bl socbgj c`avmo'

    Vomnszvaznbg bl c`avmo }nz` VBC'

    Tovnbjncae soavc` bl c`avmo }nz` VBC'

    Ogsuvngm fbvvb}ovs cbitenagco }nz aee tvo)jnsfuvsae lbviaenznos agj voqunvoiogzs agj

    bgmbngm cbitenagco }nz` z`o zovi bl sagcznbg'

    Cbgjuczngm tvo)jnsfuvsae ngstocznbg agj |ovnlncaznbgs (ngceujngm |ovnlncaznbg bl sufsnszngm

    c`avmos bg z`o assozs bl eninzoj cbitagnos f~ soavc` az VBC. as eanj jb}g

    Avvagmngm lbv agj sutov|nsngm cbituzaznbg agj vocbvjngm bl Jva}ngm Tb}ov lbv z`o jnsfuvsae

    bl z`o lacnenznos'

    :4

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    Bfzogznbg lvbi z`o fbvvb}ovs agj scvuzng~"agae~sns bl z`o lbeeb}ngm lngagcnae agj bz`ov

    szazoiogzs8 ngnznazngm attvbtvnazo acznbg z`ovobg;

    Szbch szazoiogzs'

    Bz`ov cbgzvbe"INS szazoiogzs |n{' ISBJ (Ibgz`e~ Soeocz Btovaznbgae Jaza.%

    LLV (Lngagcnae Lbeeb} ut Votbvzs.% Cas` Fujmoz'

    Agguae agj inj zovi lngagcnae szazoiogzs'

    Bgmbngm scvuzng~ bl zvagsacznbgs ng z`o |avnbus accbugzagzs f~ tovusae bl eojmovs% vomnszovs%

    |buc`ovs ozc' zb }azc` lbv tvbtov cbgjucz bl z`o accbugzs% `oaez`~ zuvgb|ov z`ovong agj tvbtov

    ogj)uso bl lugjs'

    Bgmbngm |ovnlncaznbg bl assozs c`avmoj as socuvnz~% zb ogsuvo a|aneafnenz~ agj saloz~ bl z`o

    assozs'

    Iangzangngm bgmbngm cbgzacz }nz` z`o fbvvb}ov agj CB)eogjovs agj hootngm afvoasz bl

    jo|oebtiogzs ng z`o fbvvb}ov ogznznos agj fusngoss og|nvbgiogz'

    Socuvngm agj iangzangngm OCMC (Optbvz Cvojnz Muavagzoo Cbvtbvaznbg. cb|ov }`ovo

    attencafeo'

    Znioe~ vocbmgnznbg bl ugsaznslaczbv~ loazuvos ng z`o cbgjucz bl z`o aj|agcos% suc` as

    Joea~s ng tvbkocz niteoiogzaznbg'

    _gusuae jo|oebtiogzs"c`agmos ng z`o fusngoss bv fusngoss og|nvbgiogz'

    S`bvzlaee ng ac`no|oiogz bl tvbjucznbg"saeos as cbitavoj zb z`o tvbkocznbgs'

    Jolauezs ng ta~iogzs juo ugjov Lugj Fasoj lacnenznos"Jolauezs ng z`o cbiinziogzs

    ugjov GLF lacnenznos'

    :1

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    Gbg)luelneeiogz bl lngagcnae bfenmaznbgs zb z`o fagh% cbeagjovs% cvojnzbvs agj szazuzbv~

    juos ozc' Ag~ bz`ov jolncnogc~ bfsov|oj juvngm tovnbjnc ngstocznbg |nsnzs'

    Ngnznazngm voqunvoj acznbg f~ z`o fbvvb}ov bg z`o lbvombngm ugsaznslaczbv~ loazuvos agj

    sufinzzngm votbvzs z`ovobg'

    Ogsuvngm bfzogznbg bl Volngagco lvbi cbgcovgoj amogc~ }`ovo|ov attencafeo'

    Ogsuvngm iangzogagco bl tvbtov vocbvjs"lneos cb|ovngm z`o aj|agcos zb a fbvvb}ov lbv

    scvuzng~"ngstocznbg f~ |avnbus ngzovgae agj opzovgae auz`bvnznos'

    Ogsuvngm cbeeaznbg"iangzogagco bl jaza as attvbtvnazo lbv sufinzzngm votbvzs"vozuvgs"vo|no}s

    ozc' zb |avnbus `nm`ov auz`bvnznos ng z`o Fagh agj zb opzovgae amogcnos'

    Bfzogznbg bl voqunvoj jaza tvbtbsae lvbi fbvvb}ov agj tvotavaznbg bl vo|no}s"vogo}aes bl

    cvojnz lacnenznos% as tvoscvnfoj'

    Ngnznazngm voqunvoj acznbg f~ z`o fbvvb}ov bg z`o lbvombngm ugsaznslaczbv~ loazuvos agj

    sufinzzngm votbvzs% ngceujngm'

    VFN Ngstocznbg Votbvz'

    Bz`ov Ngstocznbg , Aujnz Votbvz"Cvojnz Aujnz Votbvz'

    \ovnlncaznbg Aujnz Votbvz'

    Cbgcuvvogz Aujnz Votbvz'

    Szbch Aujnz Votbvz'

    Stbz Aujnz Votbvz'

    Szazuzbv~ Aujnz Votbvz

    Vocb|ov~ bl attencafeo c`avmos"loos"togaeznos ozc' as tov opzagz ngszvucznbgs'

    Tvotavaznbg bl vo|no}s bl NVAC (Ngcbio Vocbmgnznbg Agj Assoz Ceassnlncaznbg.% njogznlncaznbg

    bl jozovnbvazngm assozs agj ngnznaznbg bl cbvvoczn|o acznbg }`ovo }avvagzoj'

    :6

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    Accbugz}nso Lbeeb})ut bl GTAs lbv vocb|ov~"vo`afnenzaznbg tvotavaznbg bl voeazoj

    vocbiiogjaznbgs zb attvbtvnazo auz`bvnz~ lbv attvb|ae'

    Sutov|nsnbg

    N' Sutov|nsnbg lugcznbg s`buej tvniavne~ ogsuvo z`az olloczn|o lbeeb})ut bl aj|agcos ns ng

    teaco agj assoz quaenz~ bl a mbbj bvjov ns iangzangoj' Sutov|nsbv s`buej ebbh buz lbv oave~

    }avgngm snmgaes% njogznl~ ngcntnogz snchgoss agj ngnznazo tvbaczn|o voiojnae acznbgs'

    n.Ngjncazn|o enszs bl aczn|nznos ng|be|oj ng z`o sutov|nsnbg lugcznbg ns as lbeeb}s;

    Ogsuvngm tvbtov lbeeb})ut bl aj|agcos agj bfsov|agco az z`o btovazngm eo|oe bl s~szoi eanj

    jb}g f~ z`o Fagh' Tovnbjnc agj vagjbi opaingaznbg bl vomnszovs% accbugzs agj fbbhs az z`o

    fvagc`% scvuzng~ bl tovnbjncae szazoiogzs vocon|oj% cbgzvbe vomnszovs agj lneos"vocbvjs cb|ovngm

    z`o aj|agcos }nee assnsz z`ns tvbcoss'

    Ogsuvngm z`az socuvnz~ jbcuiogzs avo hotz cuvvogz agj z`az aee voeazoj jbcuiogzaznbg

    lbviaenznos avo bfsov|oj f~ z`o bllncnaes vostbgsnfeo'

    Ogsuvngm z`az s~szoi ns ng lbvco lbv z`o vocb|ov~ bl attencafeo c`avmos"loos"togaeznos ozc' agj

    z`az ngcbio eoahamos avo a|bnjoj'

    Ogmamngm ng bgmbngm ngzovacznbg }nz` z`o bllncnae vostbgsnfeo lbv lbeeb})ut bg aee cvnzncae

    iazzovs voeazngm zb z`o aj|agcos'

    Iangzangngm bgmbngm cbgzacz }nz` z`o fbvvb}ov agj cb)eogjovs agj hootngm afvoasz bl

    jo|oebtiogzs ng z`o fbvvb}ov ogznznos agj fusngoss og|nvbgiogz'

    Scvuzng~ bl tovnbjncae szazoiogzs agj lngagcnaes lvbi fbvvb}ovs% cbgzvbe szazoiogzs"votbvzs

    tvotavoj bg z`o aj|agcos' Ogsuvngm z`az cbvvoczn|o as voqunvoj avo zahog agj votbvzs zb `nm`ov

    auz`bvnznos }`ovo gocossav~ avo sufinzzoj'

    :3

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    Tovnbjncaes ngstocznbg bl socuvnz~ az z`o ngzov|aes tvoscvnfoj lbv z`o sutov|nsbv'

    Ogsuvngm z`az cbitenagco ns iangzangoj }nz` ngszvucznbgs eanj jb}g vomavjngm s~szois agj

    tvbcojuvos% iangzogagco bl fbbhs"vomnszovs ns ng bvjov% agj acznbg ns zahog lbv vocznlncaznbg bl

    nvvomueavnznos tbngzoj buz ng z`o |avnbus Aujnz"Ngstocznbg votbvzs'

    Cbgjucz tovnbjnc assossiogz bl z`o nglbviaznbg z`vb}g ut f~ NVAC vo|no}s agj ogsuvo

    njogznlncaznbg bl jozovnbvazngm assozs agj ngnznaznbg bl cbvvoczn|o szots'

    Opovcnso cbgzvbe b|ov GTA iagamoiogz agj ogsuvo olloczn|o lbeeb} ut lbv

    vocb|ovnos"vo`afnenzaznbg }nz` attvb|aes lvbi cbgcovgoj"attvbtvnazo auz`bvnz~'

    Ogsuvo znioe~ vo|no}s"vogo}aes bl cvojnz lacnenznos'

    Ngnznazo attvbtvnazo ioasuvos lbv utmvajaznbg bl cvojnz shnees bl eo|oe lugcznbgavnos'

    Ibgnzbvngm , Cbgzvbe

    Ibgnzbvngm agj cbgzvbe lugcznbg ogsuvos z`az olloczn|o sutov|nsnbg ns iangzangoj bg aj|agcos agj

    attvbtvnazo vostbgsos avo ninzazoj }`ovo|ov oave~ }avgngm snmgaes avo soog' Z`o lugcznbg aesb

    zvachs cuszbiov saznslacznbg agj tvb|njos vostbgsos }`ovo gocossav~' Ngjncazn|o ensz bl aczn|nznos

    ng|be|oj ng z`o Ibgnzbvngm agj Cbgzvbe lugcznbg ns as lbeeb}s;

    Ogsuvngm z`az olloczn|o sutov|nsnbg ns iangzangoj bg aj|agcos f~ z`o eb}ov eo|oe lugcznbgavnos

    vostbgsnfeo lbv lbeeb} ut agj sutov|nsnbg' Scvuzng~ bl vozuvgs"votbvzs vocon|oj lvbi z`oso engos

    lugcznbgavnos% ngzovacznbg }nz` z`oi% loojfach lvbi cuszbiovs% cbiiogzav~ ng ngstocznbg"aujnz

    votbvzs ozc' }nee assnsz z`ns tvbcoss'

    Ibgnzbvngm bl `nm` |aeuo aj|agcos z`vbum` stocnlnc lbcus bg z`oso ng z`o vozuvg"votbvzs

    vocon|oj bg aj|agcos agj f~ hootngm }azc` bg z`o jo|oebtiogzs ng z`o fbvvb}ov

    cbitag~"ngjuszv~'

    ::

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    Ogsuvngm gbg)vocuvvogco az z`o btovazngm eo|oes bl cbiibge~ gbzncoj eatsos"nvvomueavnznos

    tbngzoj buz ng |avnbus aujnz votbvzs'

    Bgmbngm ibgnzbvngm bl assoz tbvzlbenb f~ zvachngm c`agmos lvbi znio zb znio% c`aehbuz agj

    avvagmo lbv cavv~ngm buz stocnlnc acznbgs zb ogsuvo `nm` szagjavjs assoz cbgzogz'

    Opzogjngm munjagco zb jb}g z`o engo lugcznbgavnos bg z`o lbeeb})ut agj sutov|nsnbg bl z`o

    optbsuvo az vnsh'

    Opaingaznbg bl GTAs }nz a |no} zb vocbmgn{ngm tvbfeoi assozs% jva}ngm ut vocb|ov~

    utmvajaznbg taz` lbv z`oso agj ibgnzbvngm z`o vocb|ov~ tvbcoss'

    Vojvossae bl cuszbiovs cbiteangzs'

    Bgmbngm o|aeuaznbg bl cvojnz iagamoiogz shnees az z`o fvagc`os agj bllnco ugjov cbgzvbe

    z`vbum` Agguae Attvansae Votbvzs (AAVs.% ngzovacznbg }nz` z`o sutov|nsbvs agj ninzazngm

    attvbtvnazo ngzov|ogznbgs'

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    Z`o cbgzvbeeovs bl z`o cbgcovgoj goz}bvhs }nee `a|o vostbgsnfnenz~ lbv ibgnzbvngm z`o b|ovaee

    cvojnz tbvzlbenb ng z`onv vostoczn|o goz}bvhs'

    Lbeeb} ut z`o cbitenagco bl voiavhs iajo f~ `nm`ov auz`bvnznos bg cvojnz tvbtbsaes%

    nvvomueavnz~ votbvzs% ozc' Z`o coees |n{'% Aj|agcos Ibgnzbvngm Coee% GTA (Gbg Tovlbvingm

    Assozs. Iagamoiogz Coee bv z`o Vo`afnenzaznbg Coee }nee assnsz z`o cbgzvbeeovs zb b|ovsoo z`o

    cvojnz tbvzlbenb bl z`o Cbiiovcnae Goz}bvh'

    Votbvzngm lbv cbgzvbe

    Fagh bllncnaes opovcnsngm lngagcnae tb}ovs joeomazoj zb z`oi lbv sagcznbgngm

    bl ebags s`buej tvbitze~ votbvz zb z`onv vostoczn|o cbgzvbeengm auz`bvnznos ng

    z`o iaggov szntueazoj ng z`o Sc`oio bl Joeomaznbg bl Lngagcnae Tb}ovs ng

    lbvco' Z`o cbgzvbeengm bllncos s`buej jnenmogze~ scvuzngnso z`o cbgzvbe vozuvgs'

    Nl z`o~ gbznco ag~ ugusuae loazuvo% z`o~ s`buej ngnznazo sunzafeo lbeeb})ut

    acznbg zb vocznl~ z`o tbsnznbg }nz` a |no} zb tvbzoczngm z`o Faghs ngzovosz'

    Gbg)sufinssnbg bl cbgzvbe vozuvgs ng znio s`buej fo |no}oj sovnbuse~' Gocossav~ szots s`buej

    fo ngnznazoj zb bfzang z`o togjngm vozuvgs agj ogsuvo vomueav sufinssnbg bl suc` vozuvgs ng

    luzuvo'

    Socuvnz~ jbcuiogzs

    Socuvnz~ jbcuiogzs gocossav~ lbv jnllovogz z~tos bl cvojnz lacnenznos `a|o foog luvgns`oj ng z`o

    Iaguae bg Jbcuiogzaznbg' Fvagc`os s`buej gbz voeoaso ag~ bl z`o sagcznbgoj eninzs% go} bv

    og`agcoiogzs% folbvo bfzangngm z`o voeo|agz jbcuiogzs ng zovis bl sagcznbg jue~ cbiteozo ng

    aee vostoczs' @b}o|ov% ng casos }`ovo cvoaznbg bl ibvzmamo bv bfzangngm z`o jbcuiogzs voeazoj

    zb a z`nvj tavz~ muavagzoo ns sbum`z zb fo jolovvoj fo~bgj z`o jazo bl voeoaso bl cvojnz lacnenznos

    :

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    lbv mogungo voasbgs% tvnbv attvb|ae bl z`o sagcznbgngm auz`bvnznos lbv z`o jo|naznbg s`buej fo

    bfzangoj'

    Fvagc`os ia~ tvb|njo zvuo covznlnoj cbtnos bl socuvnz~ jbcuiogzs zb a fbvvb}ov"muavagzbv%

    }`ogo|ov a voquosz lbv suc` cbtnos ns vocon|oj'

    Szazoiogz bl szbchs , fbbh jofzs

    Oac` fbvvb}ov s`buej sufinz a szazoiogz bl szbchs agj fbbh)jofzs% bg z`o szagjavj lbviaz

    usuaee~ az ibgz`e~ ngzov|aes' Gbg)sufinssnbg bl suc` szazoiogz ng znio }buej azzvacz togae

    ngzovosz as tov ngszvucznbgs ng lbvco' ]`neo znioe~ sufinssnbg bl szbch szazoiogzs s`buej voiang

    ugjov cbgszagz azzogznbg bl z`o cbgcovgoj lnoej bllncovs% lbv z`o tuvtbso bl

    sutov|nsnbg"ibgnzbvngm% fvagc` iagamovs"iagamovs bl jn|nsnbg s`buej |ovnl~ z`o vomnszov o|ov~

    ibgz`'

    Z`o szbch szazoiogzs s`buej fo lneoj ugnz)}nso agj ng c`vbgbebmncae bvjov agj vozangoj as tavz

    bl z`o vocbvj' Z`o fbvvb}ov `as zb sufinz z`o szbch szazoiogz% jue~ snmgoj f~ ag auz`bvnsoj

    tovsbg% az ngzov|aes as stocnlnoj ng z`o sagcznbg eozzov' Luvz`ov% suc` szazoiogz as bg z`o agguae

    faeagco s`ooz jazo s`buej fo bfzangoj lvbi o|ov~ fbvvb}ov ogkb~ngm aj|agcos amangsz socuvnz~

    bl szbchs"fbbh jofzs'

    Cbituzaznbg bl jva}ngm tb}ov bg oenmnfeo cuvvogz assozs agj iangzangngm bl JT Vomnszov

    As assossiogz bl }bvhngm catnzae ns fasoj bg z`o lngagcnae szazoiogzs% z`o ioz`bj bl |aeuaznbg

    bl cuvvogz assozs ng z`o szbch szazoiogz s`buej fo cbgsnszogz }nz` z`o gbvis lbeeb}oj ng

    tvotavaznbg bl z`o agguae lngagcnae szazoiogzs' ]`neo vomueazngm jva}ngms ng a cas`

    cvojnz (ngceujngm ]CJE. accbugz }nz`ng z`o jva}ngm tb}ov (JT. bl a fbvvb}ngm cbitag~% nz

    s`buej fo ogsuvoj z`az z`o JT ns gbz mn|og amangsz suc` assozs }`nc` `a|o gbz foog cbgsnjovoj

    as cuvvogz assozs az z`o znio bl assossiogz agj avo accbvjngme~ ngoenmnfeo lbv JT' Lbv opaiteo%

    :=

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    }`ovo teagz stavosd avo ceassnlnoj as gbg)cuvvogz assoz lbv }bvhngm catnzae assossiogz% z`ns

    assoz s`buej gbz fo cbgsnjovoj oenmnfeo lbv JT z`bum` ngceujoj ng z`o szbch szazoiogz' Szbchs

    tuvc`asoj ugjov usagco ECs s`buej gbz fo vochbgoj lbv z`o tuvtbso bl jva}ngm tb}ov' ]`neo

    aeeb}ngm jva}ngms ng accbugzs bg z`o fasns bl szbch szazoiogzs% nz s`buej fo ogsuvoj z`az z`ovo

    ns gb jbufeo lngagcngm ng|be|oj' Snineave~% jva}ngm tb}ov ia~ gbz fo mn|og amangsz bej

    accuiueazoj (gbg)ib|ngm. bv seb} ib|ngm szbchs' Fbvvb}ovs s`buej fo aj|nsoj zb iaho

    stocnae ollbvzs zb ceoav suc` szbchs'

    Ng casos }`ovo cas` cvojnz eninzs avo mvagzoj amangsz fbbh jofzs% a szazoiogz bl fbbh jofzs }nz`

    amo)}nso fvoah)ut s`buej fo bfzangoj aebgm }nz` z`o szbch szazoiogz' Suc` fbbh jofzs s`buej

    fo fasoj bg ng|bncos agj joen|ov~ c`aeeags' Jva}ngm tb}ov s`buej fo aeeb}oj bge~ bg suc`

    fbbh)jofzs as avo }nz`ng z`o gbvis accotzoj az z`o znio bl sagcznbg' Mogovaee~% fbbh jofzs bl

    ibvo z`ag snp ibgz`s bej s`buej gbz fo vochbgoj lbv mn|ngm jva}ngm tb}ov'

    Lbv z`o tuvtbso bl lnpaznbg bl jva}ngm tb}ov% jnllovogz cbitbgogzs bl szbchs ia~ fo |aeuoj as

    jozaneoj foeb};

    NZOI ZB FO \AE_OJ AZNitbvzoj va} iazovnae Eagjoj cbsz (n'o'% ng|bnco |aeuo teus cuszbis juz~ fuz

    opceujngm saeos)zap agj joiuvvamo% nl ag~'. bv iavhoz

    tvnco }`nc`o|ov ns eb}ov

    Ngjnmogbus va} iazovnaes%

    tachngm iazovnaes%

    cbgsuiafeo szbvos agj stavos

    Ng|bnco tvnco bv iavhoz tvnco bv Mb|z' cbgzvbeeoj tvnco%

    }`nc`o|ov ns z`o eb}osz

    Soin)lngns`oj mbbjs Cbsz bl tvbjucznbg bv soeengm tvnco bv iavhoz tvnco bv

    Mb|z' cbgzvbeeoj vazos% }`nc`o|ov ns z`o eb}osz

    Lngns`oj mbbjs Cbsz bl tvbjucznbg bv soeengm tvnco bv iavhoz tvnco bv

    Mb|z' cbgzvbeeoj vazos% }`nc`o|ov ns z`o eb}osz

    :0

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    \avnaznbgs ng z`o tvncos bl cbiibjnznos% amangsz }`nc` aj|agcos avo mvagzoj% s`buej fo

    cavoluee~ opaingoj zb ogsuvo z`az z`o szbch szazoiogzs votvosogz cbvvocz |aeuo bl assozs'

    ]`og szbch szazoiogzs avo vocon|oj az z`o fvagc`% jozanes enho jazo bl szbch szazoiogz% jazo

    bl nzs vocontz az z`o fvagc`% fvnol tavzncueavs bl z`o socuvnz~ `oej% z`o |aeuo z`ovobl% z`o

    szntueazoj iavmng agj z`o vosuezagz jva}ngm tb}ov (n'o'% |aeuo bl socuvnz~ alzov jojuczngm

    iavmng. s`buej fo vocbvjoj ng }bvjs agj lnmuvos ng z`o Jva}ngm Tb}ov (JT. Vomnszov% a

    sotavazo lbenb fongm aeebzzoj zb oac` accbugz' Nz s`buej fo ogsuvoj z`az z`o jva}ngm tb}ov ng

    oac` accbugz s`buej gbz opcooj z`o cbvvostbgjngm sagcznbgoj eninz' Oac` jva}ngm tb}ov

    iusz fo jazoj agj snmgoj f~ z`o fvagc` iagamov bv ag~ auz`bvnsoj bllncnae% bfsbeozo

    jva}ngm tb}ovsaz z`o saio znio fongm cagcoeeoj' Az z`o `oaj bl z`o cuvvogz tamo bl oac`

    cas` cvojnz accbugz% z`o aibugz bl auz`bvnsoj jva}ngm tb}ov }nee fo ogzovoj (ng lnmuvos agj

    }bvjs. ugjov z`o luee snmgazuvo bl z`o FI"iagamov bl z`o jn|nsnbg' Z`o bllncnae c`ochngm

    z`o eojmov }nee ogsuvo z`az z`ns ns ng|avnafe~ jbgo' Z`o jva}ngm tb}ovs vocbvjoj ng z`o cas`

    cvojnz accbugz eojmovs }nee fo tovnbjncaee~ c`ochoj f~ z`o FI"iagamov bl z`o jn|nsnbg }nz`

    z`oJva}ngm Tb}ov Vomnszov' Aee c`agmos ng z`o auz`bvnsoj jva}ngm tb}ovs bl fbvvb}ovs

    iusz fo tvbitze~ vocbvjoj ng z`o eojmov accbugzs ugjov z`o snmgazuvo bl z`o FI" iagamov

    bl z`o jn|nsnbg bv ag~ auz`bvnsoj bllncnae `agjengm ebags agj aj|agcos'

    Opcotznbgs; Ng caso bl soasbgae ngjuszvnos% z`o assossiogz ns jbgo bg z`o fasns bl

    ibgz`e~"quavzove~ cas` fujmozs' Cbvvostbgjngme~% jva}ngms s`buej fo vomueazoj bg z`o

    fasns bl z`o ibgz`e~"quavzove~ cas` fujmozs sufkocz zb z`o cbgjnznbg z`az z`o buz szagjngms

    s`buej gbz opcooj z`o aj|agco |aeuo bl z`o socuvnz~ c`avmoj bv z`o sagcznbgoj eninz%

    }`nc`o|ov ns eb}ov' Lbv jozovingngm z`o aj|agco |aeuo bl socuvnz~ c`avmoj (|aeuo bl

    socuvnz~ ingus szntueazoj iavmng. z`o szbch szazoiogzs ia~ cbgznguo zb fo bfzangoj bg z`o

    :>

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    usuae lbviaz' Snineave~% cbgsnjovngm z`o stocnae loazuvos bl zoa% cblloo agj bz`ov teagzaznbgs%

    z`o jva}ngm tb}ov s`buej fo lnpoj cbvvostbgjngm zb z`o ioz`bjs lbeeb}oj lbv assossiogz'

    Szbch aujnz

    _gnzs z`az avo op`nfnzngm s~itzbis bl enqunjnz~ cvugc` ia~ fo cbgsnjovoj lbv szbch aujnz'

    Sbio bl z`o s~itzbis avo as lbeeb}s;

    Tvossngm cvojnzbv

    B|ovjuo ngzovosz agj zovi ebag ngszaeiogz

    Szamgagz szbchs

    _gjuo joea~ ng sufinssnbg bl szbch szazoiogzs

    Laesnlncaznbg bl c`avmoafeo cuvvogz assozs

    Zbb iag~ agj snmgnlncagz quaenl~ngm voiavhs afbuz szbch" vocon|afeos ng aujnzbvs-

    votbvz ng z`o faeagco s`ooz% ozc'

    Nl bg cbgsnjovaznbgs bl z`o afb|o astoczs% ag ugsaznslaczbv~ scogo oiovmos% a szbch aujnz

    ia~ fo cbgsnjovoj' Szbch aujnz }buej cb|ov aujnz bl szbchs agj vocon|afeos' Z`o quagznz~%

    quaenz~ agj |aeuo bl z`o cuvvogz assozs s`buej fo opaingoj agj cbitavoj }nz` z`o funej)ut

    bl cuvvogz assozs tvbkoczoj az z`o znio bl assossiogz bl z`o ]C aj|agcos' Z`o s~szoi bl

    ng|ogzbv~ agj vocon|afeos iagamoiogz lbeeb}oj f~ z`o ugnz s`buej aesb fo szujnoj'

    ]`ovo|ov gocossav~% attvb|oj |aeuovs bv C`avzovoj Accbugzagzs ia~ fo ogmamoj lbv

    cbgjuczngm szbch aujnz% fuz cavo s`buej fo zahog zb hoot z`o cbsz voasbgafeo agj ingniui%

    as nz ns zb fo fbvgo f~ z`o fbvvb}ov'

    Szbch aujnz s`buej fo vosbvzoj zb bge~ ng opcotznbgae casos agj gbz zb fo usoj as a vomueav

    tovnbjncae zbbe' Ng bz`ov }bvjs% opcossn|o jotogjogco bg opzovgae amogcnos ns gbz josnvafeo

    ?4

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    agj z`o szbch aujnz tvbtbsoj s`buej fo }nz` a |no} zb ngnznazo vosuez bvnogzoj acznbg teags

    anioj az nitvb|oiogz ng iagamoiogz bl ng|ogzbv~ agj vocon|afeos agj z`ovof~ quaenz~ bl

    buv eogjngm'

    Zb ogsuvo z`az z`o tvbcoss bl szbch aujnz ns cbiteozoj }nz`ng a voasbgafeo znio% }`neo

    assnmgngm z`o szbch aujnz }bvh% a znio eninz s`buej fo tvoscvnfoj lbv cbiteoznbg bl z`o

    aujnz agj sufinssnbg bl z`o votbvz' Suc` a tvoscvntznbg zb fo iajo zahngm ngzb cbgsnjovaznbg

    z`o gazuvo agj iamgnzujo bl z`o }bvh ng|be|oj agj ng cbgsuezaznbg }nz` z`o aujnzbvs' Z`o

    tasz vocbvj bl aj`ovogco zb z`o stocnlnoj znio eninz s`buej lbvi bgo bl z`o gocossav~

    cvnzovna lbv assnmgngm luvz`ov }bvh zb aujnzbvs'

    Ngstocznbg , lbeeb})ut

    Z`o tvngcntae bfkoczn|o bl olloczn|o cvojnz iagamoiogz ns zb iangzang sbugjgoss bl z`o ebag

    assozs' Z`o btovazn|o munjoengos lbv ngstocznbg agj lbeeb})ut zb ac`no|o z`o bfkoczn|o avo

    fvbaje~ buzengoj ng z`ns socznbg' @b}o|ov% joaengm bllncnaes s`buej ajatz z`oso sunzafe~ bg

    iovnzs bl oac` fbvvb}ngm ugnz (o'm'% nzs iavhoz tovlbviagco% z`o iagamoiogz szvogmz`%

    voenafnenz~ bl nzs nglbviaznbg s~szoi% ozc'. }nz` lbcus bg ag olloczn|o cvojnz iagamoiogz ng a

    cbsz olloczn|o iaggov' Z`us% z`o vnmbuv bl ngstocznbg agj lbeeb})ut ia~ fo |avnoj

    jotogjngm bg z`o mogovae `oaez` bl z`o ugnz agj z`o cbgjucz bl aj|agcos' Tovnbjnc

    ngstocznbg agj lbeeb})ut }buej allbvj ag bttbvzugnz~ zb gbz iovoe~ assoss z`o quagznz~%

    quaenz~ agj |aeuo bl szbchs% fuz aesb zb

    Hgb} z`o zoitb bl aczn|nz~%

    @a|o a ebbh az z`o fbbhs bl accbugzs agj bz`ov voeo|agz vocbvjs"vozuvgs%

    Bej jnscussnbgs }nz` z`o fbvvb}ov%

    Saznsl~ bgosoel z`az z`o fbvvb}ov ns aen|o zb `ns vostbgsnfnenznos%

    ?1

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    Sutteoiogz agj cbgszagze~ utjazo z`o Faghs hgb}eojmo afbuz btovaznbgs bl z`o

    fbvvb}ov ng tavzncueav agj z`o ngjuszv~ ng mogovae%

    Ogsuvo z`az aee z`o lnpoj assozs c`avmoj zb z`o Fagh avo gbz bge~ ngzacz agj }oee

    iangzangoj fuz aesb tuz zb btzniui uso agj z`az z`o ugnz-s tvblnzafnenz~ ns

    iangzangoj% az eoasz% az z`o eo|oe tvbkoczoj az z`o znio bl sagcznbg bl aj|agcos%

    Ogsuvo z`az z`o socuvnz~ cb|ovamo ns gbz jneuzoj az ag~ znio lbv ag~ voasbg agj z`az

    z`o sov|ncngm bl z`o ebag jbos gbz sullov ugjov ag~ cnvcuiszagcos'

    Z`o lbeeb})ut s~szoi cbgsnszs bl lngagcnae lbeeb})ut agj t`~sncae lbeeb})ut' Z`o lngagcnae

    lbeeb})ut ea~s szvoss bg ibgnzbvngm bl z`o ugnzs tovlbviagco fasoj bg z`o eo|oe bl

    tvbjucznbg% saeos agj tvblnzafnenz~% }`neo t`~sncae lbeeb})ut cbgsnszs bl t`~sncae

    |ovnlncaznbg bl assozs agj ogsuvngm ogj)uso bl lugjs eogz'

    Z`o lbeeb})ut agj sutov|nsnbg tvbcojuvo joengoazoj afb|o ng|be|os ibgnzbvngm bg z`o

    fasns bl voeo|agz nglbviaznbg" jaza zb fo luvgns oj f~ z`o fbvvb}ovs' Lbv z`ns tuvtbso% z`o

    fbvvb}ovs }buej gooj zb `a|o ng teaco ag nglbviaznbg s~szoi' Z`bum` sutov|nsnbg ns

    fasncaee~ fasoj bg z`o nglbviaznbg s~szoi bl z`o fbvvb}ov% nz ns josnvafeo z`az z`o cogzvae

    jnscntengo bl lngagcnae agae~sns% ngzov)lnvi cbitavnsbgs agj szuj~ bl |avnagcos foz}oog

    tvbkoczoj agj aczuae faeagco s`oozs% avo ae}a~s hotz ng |no}'

    Ibgnzbvngm vocontz bl z`o szazoiogzs; Lbv iahngm uso bl z`o nglbviaznbg s~szoi

    succossluee~% ibgnzbvngm znioe~ vocontz bl z`o |avnbus szazoiogzs ns ag ossogznae tvo)

    voqunsnzo' A sunzafeo vomnszov s`buej fo iangzangoj' Z`o jazo bl vocontz bl z`o szazoiogz

    s`buej fo ogzovoj ng z`o attvbtvnazo cbeuig' Nl a szazoiogz ns vocon|oj eazo% nz s`buej fo

    ogzovoj ng voj' Ag ngstocznbg bl z`ns vomnszov }nee vo|oae z`o opzogz bl cbitenagco bl z`o

    fbvvb}ov ng sufinzzngm z`o nglbviaznbg' Z`o vomnszov }nee `oet ng sogjngm voingjovs lbv

    mozzngm z`o togjngm szazoiogzs agj ngnznazngm bz`ov ioasuvos'

    ?6

    http://c/Personal/CD/CD%20for%20Credit%20&%20IB/e-Book%20on%20Credit/NONWEB/Ch06-%20Post-sanction.htm#FSM04#FSM04http://c/Personal/CD/CD%20for%20Credit%20&%20IB/e-Book%20on%20Credit/NONWEB/Ch06-%20Post-sanction.htm#FSM04#FSM04
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    Ngstoczngm bllncnaes ia~ cavv~ }nz` z`oi

    a ensz bl z`o lnpoj assozs c`avmoj zb z`o Fagh

    a cbt~ bl z`o eazosz ibgz`e~ szbch szazoiogz agj

    a cbt~ bl z`o eazosz `ael)~oave~ btovazngm szazoiogz vocon|oj lvbi z`o fbvvb}ngm ugnzs'

    Z`o quavzov"~oav)ogj szbch szazoiogzs s`buej fo cbitavoj agj vocbgcneoj }nz` z`o

    cbvvostbgjngm nzois ng z`o lngagcnae lbeeb})ut szazoiogzs suc` as LLV)N , NN" agj ~oav)ogj

    faeagco s ooz'

    \ovnlncaznbg bl assozs

    Szbchs teojmoj"`~tbz`ocazoj zb z`o Fagh iusz fo ngstoczoj az nvvomueav ngzov|aes }`nc` s`buej

    bvjngavne~ gbz opcooj bgo ibgz`' Z`o fasnc bfkoczn|o ns zb ogsuvo z`az z`o szazoj szbchs avo

    t`~sncaee~ z`ovo agj z`o aj|agcos avo ajoquazoe~ socuvoj' ]`ovo|ov tbssnfeo% aee szbchs s`buej fo

    z`bvbum`e~ |ovnlnoj agj cbitavoj }nz` z`az iogznbgoj ng z`o szbch szazoiogz' ]`ovo z`o guifov

    bl nzois c`avmoj zb z`o Fagh ns eavmo% mbbjs s`buej fo szachoj accbvjngm zb sn{os% }onm`z% ebzs%

    mvbuts% ozc'% zb lacnenzazo ngstocznbg' Z`o ngstoczngm bllncnae s`buej iaho ag AFC agae~sns bl szbchs

    agj c`och aee `nm` |aeuo nzois juvngm oac` |nsnz' Ng bz`ov casos% |ovnlncaznbg }buej fo tbssnfeo bge~

    bg a vagjbi saiteo fasns' Jnllovogz nzois s`buej% `b}o|ov% fo c`ochoj ng jnllovogz |nsnzs sb z`az

    aee z`o iakbv nzois }buej fo cb|ovoj b|ov a tovnbj bl% sa~% lbuv zb snp ibgz`s' C`ochngm bg

    vagjbi saiteo fasns s`buej gbz% `b}o|ov% vueo buz votoznzn|o c`ochngm bl covzang nzois' ]`ovo

    mbbjs avo szbvoj ng jnllovogz teacos% ngstocznbg bl aee z`o mbjb}gs s`buej fo cbgjuczoj

    sniuezagobuse~ bv bg z`o saio ja~' Ngstoczngm bllncnaes iusz soo z`az z`o mbjb}gs avo tvbtove~

    socuvoj agj z`az aee z`o cbgjnznbgs bl z`o lnvo ngsuvagco tbencnos cb|ovngm z`oi agj z`onv cbgzogzs

    avo fongm bfsov|oj' Tavzncueav azzogznbg s`buej fo tanj zb z`o ollocz bg z`o ngsuvagco cb|ov bl ag~

    ajkacogz szvuczuvos% }`oz`ov toviagogz bv zoitbvav~% }`nc` avo bl ag ngleaiiafeo gazuvo'

    ?3

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    ]`ogo|ov a mbjb}g caggbz lbv ag~ voasbg fo ngstoczoj% a gbzo iusz fo iajo ng z`o ngstocznbg

    vomnszov ng bvjov zb ogsuvo z`az z`o cbgzogzs bl z`o mbjb}g avo opaingoj az z`o gopz ngstocznbg'

    \ovnlncaznbg bl szbchs)ng)tvbcoss ia~ tvosogz sbio jnllncueznos' Bgo ia~ `a|o zb ebbh lbv

    leuczuaznbgs ng z`onv |aeuo b|ov a tovnbj agj |ovnl~ z`o jaza ng z`o cbgzopz bl tvbjucznbg catacnz~%

    tvbjucznbg c~ceo% cvbss zaee~ lbv va} iazovnaes agj tvbjucznbg lnmuvos ng z`o szbch szazoiogz%

    vocbvjs bg ngtuz buztuz az jnllovogz szamos agj bz`ov voeo|agz laczbvs' Z`o a|aneafeo szbvamo

    catacnznos lbv |avnbus nzois% ngceujngm lbv szbchs)ng)tvbcoss% s`buej aesb fo opaingoj'

    ]`ovo mbbjs avo opcnsafeo bv sufkocz zb bz`ov szazuzbv~ cbgzvbes% z`o szbch szazoiogz cbuej fo

    cvbssc ochoj }nz` z`o voeazn|o vocbvjs' Z`o tbsnznbg bl fbbh jofzs s`buej fo c`ochoj% stocnaee~

    }`ovo aj|agcos `a|o foog mvagzoj z`ovo amangsz' Z`ns amang ia~ `a|o zb fo jbgo bg a saiteo fasns

    f~ volovogco zb Jofzbvs Eojmov agj bz`ov voeo|agz vocbvjs suc` as ng|bncos agj fnees vansoj agj f~

    c`ochngm tbsnznbg vomavjngm tovnbjnc cbglnviaznbgs lvbi jofzbvs% amo bl fbbh jofzs ng voeaznbg zb

    gbviae cvojnz tovnbj% s~szoi bl cbgzvbe b|ov fbbh jofzs agj tovnbjnc votbvzs zb zbt iagamoiogz bl

    z`o ugnz' C`ochngm quaenz~ bl assozs ns agbz`ov tvbfeoi avoa agj iuc` }buej jotogj bg z`o

    optovnogco agj zoc`gncae cbitozogco bl z`o ngstoczngm bllncnaes' A looe cbuej fo `aj f~ ebbhngm lbv

    seb} ib|ngm% bej agj accuiueazoj szbchs% vokocznbgs az z`o znio bl fbz` tuvc`asos agj saeos f~

    opaingngm z`o voeazn|o vocbvjs bl tuvc`asos agj saeos vozuvgs% vocbvjs bl quaenz~ cbgzvbe agj scvat%

    fbbh jofzs ugjov jnstuzo agj amo bl fbbh jofzs'

    \ovnlncaznbg bl s~szois

    Aee fbvvb}ovs ogkb~ngm eavmo |aeuo cvojnz s`buej fo ashoj zb mn|o zb z`o Fagh a }vnzo)ut bg z`onv

    ng|ogzbv~ cbgzvbe% |ovnlncaznbg agj |aeuaznbg s~szois' Z`o fvagc` bllncnaes }nee `a|o zb lainenavnso

    z`oisoe|os }nz` z`o btovaznbg bl suc` joceavoj s~szois }nz` volovogco zb z`o voeazn|o vocbvjs agj

    moz saznslnoj afbuz z`onv ollncac~% az eoasz az quavzove~ ngzov|aes' A volovogco zb z`o cbsz vocbvjs%

    }`ovo a|aneafeo% }buej aesb fo bl `oet ng c`ochngm |aeuaznbg' ]`ovo ngzovgae cbsz aujnz votbvzs avo

    ?:

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    a|aneafeo% z`oso zbb cbuej fo soog' ]`ovo suc` s~szois jb gbz opnsz bv avo gbz ng btovaznbg% z`ns ng

    nzsoel }buej fo a iakbv }avgngm snmgae caeengm lbv fongm cnvcuistocz afbuz z`o lugcznbgngm bl z`o

    ugnz' Z`o afsogco bl ag~ suc` s~szoi }buej vanso jbufzs afbuz z`o cbitozogco agj aesb tov`ats

    afbuz z`o ngzomvnz~ bl z`o iagamoiogz agj caee lbv uvmogz voiojnae acznbg% nl gocossav~ f~ ogmamngm

    cbgsuezagzs'

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    Lvoquogc~ bl ngstocznbg

    Ng vostocz bl }bvhngm catnzae cvojnz lacnenznos% z`o ngstocznbg s`buej fo cbgjuczoj f~ jnllovogz

    bllncnaes az lvoquogcnos as iogznbgoj foeb};

    A' Lnoej Bllncovs s`buej ngstocz z`o ugnzs az ibgz e~ nvvomueav ngzov|aes' Z`o Lnoej Bllncov gooj

    gbz cbgjucz ibgz`e~ ngstocznbg juvngm z`o ibgz` ng }`nc` Fvagc` Iagamov" Iagamov bl z`o

    Jn|nsnbg `as ngstoczoj z`o ugnz ugeoss z`o cnvcuiszagcos sb joiagj'

    F' Fvagc` Iagamovs bl fvagc`os Jn|nsnbg"Stocnae Fvagc`os s`buej |nsnz ugnzs }nz` eavmo eninzs

    bgco ng < ibgz`s'

    C' Iagamovs bl Jn|nsnbgs s`buej ngstocz aee ugnzs }nz` eninzs b|ov Vs'? eacs bgco ng < ibgz`s'

    ]`ovo suc` ugnzs avo |ov~ lo}% z`o~ s`buej cb|ov ugnzs ogkb~ngm eninzs afb|o Vs'6 eacs aesb'

    ]`ovo Jotuz~ Iagamovs `a|o foog tbszoj fosnjos z`o Iagamovs bl z`o Jn|nsnbg% z`o ngstocznbg

    ia~ fo bvmagnsoj foz}oog z`oi sb z`az z`ovo ns gb b|oveattngm'

    J' ]`ovo z`ovo ns mogungo s`bvzamo bl lnoej szall% Fvagc` Iagamov cag ogzvusz z`o ngstocznbg bl

    ugnzs }nz` siaeeov eninzs zb bz`ov bllncovs% }nz` z`o attvb|ae bl z`o Cbgzvbeengm Auz`bvnz~'

    O'Ng z`o caso bl ugsaznslaczbv~ accbugzs bv }`ovo z`o opnmogcnos sb }avvagz (}njo leuczuaznbg ng

    szbchs% ozc'. bv ugnzs tuz ugjov guvsngm teags% nvvostoczn|o bl z`o ebag aibugz% ngstocznbg `as zb fo

    cavvnoj buz az s`bvzov ngzov|aes% znee z`o ugnzs aczn|nz~ szafnensos bv nz ns guvsoj fach zb `oaez` bv z`o

    ebag aibugz ns vocb|ovoj'

    L' ]`ovo zovi ebags"bz`ov zovi assnszagco avo mvagzoj as szagj)aebgo lacnenznos bv mvagzoj aebgm

    }nz` }bvhngm catnzae lacnenznos% ugzne z`o vota~iogz bl z`o easz ngszaeiogz ugjov z`o zovi ebag%

    ngstocznbg bl z`o fbvvb}ngm ugnz iusz fo cavvnoj buz `ael)~oave~ f~ z`o Iagamov bl

    Jn|nsnbg"Fvagc` Iagamov assnszoj f~ z`o cbgcovgoj lnoej bllncov'

    Atavz lvbi }`az `a|o foog iogznbgoj afb|o% z`o ngstoczngm bllncnae s`buej aesb hoot z`o lbeeb}ngm

    munjoengos ng ingj;

    ?

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    (n.'Z`o Lnoej Bllncov iusz c`och z`o cbvvoczgoss bl z`o tvbjucznbg agj saeos nglbviaznbg suttenoj

    zb `ni agj }`nc` `o `as gbz `aj bccasnbg zb c`och tvo|nbuse~' Szbchs bl va} iazovnaes% ozc'% }nz`

    z`o ugnz s`buej fo |ovnlnoj }nz` z`o eazosz Szbch Szazoiogz'

    (nn.' Z`o Lnoej Bllncov iusz assoss z`o eo|oe bl aczn|nz~ lvbi |avnbus sbuvcos% suc` as z`o bvjov

    fbbh% z`o }bvh bg z`o s`bt lebbv% guifov bl s`nlzs bl }bvhngm% accuiueaznbg bl lngns`oj tvbjuczs

    agj z`o mogovae zoitb bl aczn|nz~ ng z`o teagz' ]`og z`ovo ns a jocengo ng saeos% tvbjucznbg% agj

    tvblnzafnenz~% z`o voasbgs z`ovolbvo s`buej fo ascovzangoj' Lvoquogz |nsnzs zb z`o saio ugnz }nee

    auzbiazncaee~ mn|o `ni ogbum` optovnogco zb moz a qunch looe bl z`o zoitb bl aczn|nz~'

    (nnn.' Z`o Lnoej Bllncov iusz c`och nl z`o fbbhs bl accbugzs o'm'% cas` fbbh% saeos% tuvc`aso agj

    szbch vomnszovs avo fongm iangzangoj tvbtove~ agj hotz ut zb jazo' Nl `o gbzncos ag~ seachgoss ng z`ns

    vostocz% `o iusz nitvoss bg z`o fbvvb}ov z`o gooj zb hoot z`o fbbhs utjazoj' Stocnae azzogznbg

    iusz fo mn|og zb z`o cas`fbbh' Ng|bncos ia~ fo c`ochoj az vagjbi zb hgb} z`o ibjo (cvojnz bv

    cas` fasns. agj zovis bl tuvc`aso' Saeos z`vbum` assbcnazos bv snszov cbgcovgs agj fnees jva}g bg

    z`oi s`buej fo ibgnzbvoj }nz` opzva cavo' Cvojnz suiiaznbgs ng z`o btovazn|o accbugz s`buej fo

    cbitavoj }nz` z`o aibugz bl voaensaznbg bl saeo tvbcoojs juvngm z`o voeo|agz tovnbj' Nl z`o cvojnz

    suiiaznbgs agj z`o aibugz bl saeo tvbcoojs voaensoj avo gbz cbitavafeo% z`o voasbgs z`ovolbvo

    s`buej fo ogqunvoj ngzb' Fnees buzszagjngm ng z`o Fagh-s fbbhs s`buej fo cbitavoj agj

    cvbssc`ochoj }nz` z`o ugnz-s fnees vocon|afeo vomnszovs' Nl fnees avo vozuvgoj bv ta~iogzs joea~oj% z`o

    voasbgs z`ovolbvo s`buej fo ogqunvoj ngzb' Bvjov tbsnznbg ) togjngm% fongm opocuzoj agj

    agzncntazoj) s`buej fo ogqunvoj ngzb agj iazc`oj }nz` tvbjucznbg agj saeos' Z`ns s`buej fo

    lbeeb}oj ut ng z`o sufsoquogz ngstocznbgs' ]nz` z`o accogz bl lbeeb})ut bg z`o aczn|nz~ eo|oe% z`o

    ngstocznbgs cbuej fo `oej bg z`o fasns bl tvo)avvagmoj |nsnzs zb z`o ugnz ngszoaj bl suvtvnso |nsnzs'

    Z`ns jbos gbz vueo buz suvtvnso |nsnzs aezbmoz ov' Z`o ngzogznbg ns z`az ngstocznbgs fasoj bg tvo)

    avvagmoj |nsnzs }buej fo ibvo ioagngmlue agj iuzuaee~ fogolncnae zb z`o Fagh agj z`o fbvvb}ovs'

    ?=

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    Ng casos }`ovo z`o ugnz `as a sotavazo ajingnszvazn|o bllnco% }`nc` iangzangs z`o fbbhs bl

    accbugzs% z`o Lnoej Bllncov iusz mn|o aj|agco ngzniaznbg bl `ns |nsnz sb z`az z`o gocossav~ fbbhs

    cbuej fo fvbum`z zb z`o laczbv~ lbv `ns ngstocznbg% nl z`o jutencazos avo gbz iangzangoj z`ovo' Eavmo

    zvagsacznbgs ng z`o ugnzs fbbhs bl accbugzs tavzncueave~ ta~iogzs zb fvagc`"assbcnazo lnvis s`buej

    fo ogqunvoj ngzb'

    (n|.'Z`o Lnoej Bllncov iusz jnscuss }nz` z`o fbvvb}ov aee laczbvs z`az ia~ `a|o a foavngm bg z`o

    btovaznbg bl z`o ugnz suc` as% tbzogznae c`agmos ng z`o iavhoz cbgjnznbgs% va} iazovnae sutte~

    tbsnznbg% tb}ov s`bvzamo% zvagstbvz agj eafbuv tvbfeois% ozc' Sngco z`o Lnoej Bllncov `as ag

    bttbvzugnz~ bl |nsnzngm a guifov bl ugnzs ng z`o avoa% `o }buej fo fozzov nglbvioj afbuz z`o

    og|nvbgiogzae cbgjnznbgs agj fo afeo zb munjo z`o fbvvb}ov% s`buej z`o gooj avnso' @o cbuej aesb

    fo bg z`o ebbh buz lbv ag~ tbssnfeo snmgs bl jnssogsnbg aibgm tavzgovs'

    (|.' Z`o Lnoej Bllncov iusz nitvoss bg z`o fbvvb}ov z`o gooj lbv cbgznguoj lngagcnae jnscntengo'

    Z`ns cag fo ibgnzbvoj f~ z`o jomvoo bl tvbitzgoss ng z`o tvotavaznbg bl agguae faeagco s`oozs%

    sufinssnbg bl |avnbus szazoiogzs suc` as szbch szazoiogz% ibgz`e~ soeocz btovaznbgae jaza% ozc' zb

    z`o Fagh% sufinssnbg bl ngcbio zap agj saeos zap vozuvgs% ozc' Z`o Lnoej Bllncov iusz c`och z`o

    tvbmvoss ng z`o tvotavaznbg bl z oso szazoiogzs lvbi znio zb znio'

    (|n.'Z`o accbugzs bl z`o ugnzs s`buej fo vomueave~ scvuzngnsoj agj ng caso bl z`bso lbugj nvvomueav

    juo zb gbg)ta~iogz bl ngszaeiogzs bv opcoss jva}ngms% z`o cbgcovgoj ugnzs s`buej fo aj|nsoj ng

    }vnzngm zb vomueavnso z`o tbsnznbg' Ng |no} bl z`o nvvomueavnz~ ng z`o accbugz% z`o Lnoej Bllncovs |nsnz

    assuios mvoazov snmgnlncagco as `o }buej z`og fo voqunvoj zb ibgnzbv z`o acznbgs fongm zahog f~

    z`o fbvvb}ov zb}avjs z`o ajkusziogz bl z o nvvomueavnz~' Ng lacz% z`o |nsnzs zb ugnzs }`bso accbugzs

    avo nvvomueav iusz fo accbvjoj a tvnbvnz~ ng z`o zniozafeo lbv Lnoej Bllncovs' @o s`buej acz as a

    cbgzngubus c`aggoe bl cbiiugncaznbg foz}oog z`o fbvvb}ov agj z`o Fvagc` Iagamov juvngm z`o

    ?0

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    tovnbj z o nvvomueavnz~ tovsnszs agj tvb|njo z`o Fvagc` Iagamov }nz` `ns tovsbgae assossiogz bl z o

    olloczn|ogoss bl z`o acznbg zahog f~ z`o fbvvb}ov'

    (|nn.'Z`o Lnoej Bllncov }nee `a|o stocnae vostbgsnfnenznos juvngm `ns |nsnzs% nl z`o ugnz `as ashoj lbv

    og`agcoiogz onz`ov bg accbugz bl vocontz bl a eavmo bvjov bv bg accbugz bl z`o gooj zb fu~ va}

    iazovnaes ng fueh' Z`o Lnoej Bllncov s`buej lbeeb})ut z`o ogj)uso bl z`o ajjnznbgae lacnenznos

    mvagzoj ng bvjov zb ogsuvo z`az z`o zovis z`ovobl avo szvncze~ aj`ovoj zb'

    (|nnn.' A ensz bl aee nzois bl iac`ngov~ teojmoj"`~tbz`ocazoj zb z`o Fagh s`buej fo tvbingogze~

    jnstea~oj ng z`o laczbv~ tvoinsos agj a eomogj Teojmoj"`~tbz`ocazoj zb P^[ Fvagc` fbeje~

    tangzoj bg z`o fbj~ bl oac` iac`ngo' Az z`o znio bl ngstocznbg% z`o lnoej szall s`buej t`~sncaee~

    |ovnl~ oac` nzoi bl z`o lnpoj assozs }nz` z`bso enszoj as tov z`o vocbvjs }nz` z`o fvagc`' Z`o

    }bvhngm cbgjnznbg bl teagz% iac`ngov~ agj oquntiogz s`buej fo c`ochoj zb ascovzang z`az gbgo bl

    z`oi voiang njeo' Z`o ngstoczngm bllncnae s`buej ascovzang z`o voasbgs lbv ag~ iac ngo e~ngm

    njeo' Gb nzoi bl iac`ngov~ c`avmoj zb z`o Fagh s`buej fo voib|oj lvbi z`o laczbv~% o|og lbv

    votanvs% }nz`buz z`o tovinssnbg bl z`o Fvagc`' ]`ovo ag~ iac`ngov~ ns zahog buz bl z`o ugnz%

    tvbitz vozuvg z`ovobl s`buej fo ogsuvoj agj z`o voeazn|o nzoi c`ochoj juvngm sufsoquogz

    ngstocznbg bl z`o ugnz'

    (np.'Z`o Faghs bllncnaes s`buej gbz vocbvj z`onv bfsov|aznbgs bg z`o fbbhs" vomnszovs bl z`o

    fbvvb}ovs% gbz o|og bg z`o szbch szazoiogzs sufinzzoj f~ z oi' Z`o bfsov|aznbgs% nl ag~% s`buej fo

    vocbvjoj bg z`o tvoscvnfoj ngstocznbg votbvz bg z`o ugnz bg vozuvg zb z`o fvagc` agj sufinzzoj zb

    z`o Fvagc` Iagamov' Nz s`buej fo vozangoj ng z`o lneo bl z`o vostoczn|o ugnz alzov zahngm gocossav~

    acznbg% }`ovo }avvagzoj' Z`o fbvvb}ov s`buej fo aj|nsoj ng }vnzngm% afbuz z`o nvvomueavnznos

    bfsov|oj% }nz a voquosz zb soz vnm`z z`o tbsnznbg niiojnazoe~' Juvngm z`o gopz |nsnz% azzogznbg

    s`buej fo tanj zb c`och z`o tvbmvoss iajo zb vocznl~ z`o nvvomueavnznos bfsov|oj juvngm z`o tvo|nbus

    |nsnzs'

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    Ngstocznbg Vomnszov

    Oac` fvagc` s`buej iangzang a sunzafeo vomnszov s`b}ngm az a meagco% jazos bl ngstocznbg cbgjuczoj'

    Ngstocznbg vomnszov `as zb fo lneeoj ng alzov oac` ngstocznbg agj jue~ auz`ogzncazoj f~ z`o bllncovs

    cbgcovgoj' Juvngm z`o lnvsz }ooh bl a ibgz`% z`o Fvagc` Iagamov s`buej |ovnl~ z`o vomnszov zb lngj

    buz z`o ugnzs gbz ngstoczoj juvngm z`o tvo|nbus ibgz`' @o s`buej ogsuvo z`az suc` ugnzs avo

    ngstoczoj juvngm z`o cuvvogz ibgz` az z`o lvoquogc~ eanj jb}g f~ z`o Fagh'

    Ibgnzbvngm bl ugnzs gbz ngstoczoj; Fvagc` Iagamov s`buej moz lvbi z`o Lnoej Bllncovs"Iagamov bl

    z`o Jn|nsnbg% lbv `ns b}g ibgnzbvngm% a ensz bl ugnzs gbz ngstoczoj juvngm z`o quavzov as az z`o ogj bl

    Iavc`% Kugo% ozc' @o s`buej sufinz zb z`o Cbgzvbeengm Auz`bvnz~ az quavzove~ ngzov|aes as az z`o ogj

    bl Iavc`% Kugo% Sotzoifov% agj Jocoifov a ensz bl ugnzs }nz` buzszagjngms bl b|ov Vs'6 eacs% gbz

    ngstoczoj juvngm z`o easz quavzov% ngjncazngm z`o jazo bl easz ngstocznbg% voasbgs lbv joea~% agj teag

    bl acznbg tvbtbsoj zb vocznl~ z`o tbsnznbg'

    Lvoo{ngm accbugzs

    ]`ovo o|og eo|~ bl togae ngzovosz jbos gbz o|bho lngagcnae jnscntengo% fvagc`os ia~ lvoo{o z`o

    accbugzs bl suc` fbvvb}ovs' @b}o|ov% folbvo jbngm sb% z`o voasbgs lbv |nbeazngm lngagcnae

    jnscntengo s`buej fo ascovzangoj lvbi z`o fbvvb}ov' Nl z`ovo ns gb accotzafeo voasbg lbv suc` gbg)

    cbitenagco }nz` z`o zovis agj cbgjnznbgs bl sagcznbg% a jocnsnbg zb lvoo{o z`o accbugzs ia~ fo

    zahog bge~ ng cbgsuezaznbg z`o cbgzvbeengm auz`bvnz~' Z`o accbugzs ia~ fo lvb{og bge~ alzov mn|ngm

    juo gbznco zb z`o fbvvb}ov f~ vomnszovoj tbsz }nz` A"J' Luee nitencaznbgs bl lvoo{ngm iusz fo

    cbgsnjovoj% ibvo sb ng z`o caso bl cbgsbvznui"iueznteo faghngm avvagmoiogz }`ovo ng z`o afsogco

    bl a cbgsogsus aibgm aee faghs% a lvoo{o bg ag~ accbugz }nee sov|o gb usolue tuvtbso as z`o

    fbvvb}ovs ia~ zvagsacz luvz`ov ng agbz`ov fagh' Fvagc`os iusz fo cnvcuistocz ng lvoo{ngm as a

    ioasuvo zb oglbvco lngagcnae jnscntengo'

    Jnscebsuvo bl gaios bl jolauezovs

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    Bg z`o fasns bl z`o fbvvb}ovs cbgsogz lbv jnscebsuvo as tov z`o cbgsogz ceauso ng z`o jbcuiogzs%

    a jocnsnbg zb tufencn{o z`o gaios bl fbvvb}ovs }`b `a|o jolauezoj ng z`o vota~iogz bl ebags cag

    fo zahog bge~ }nz` z`o attvb|ae bl z`o lbeeb}ngm auz`bvnznos agj alzov mn|ngm a gbznco bl 34 ja~s zb

    z`o fbvvb}ngm cbitag~ bl z`o Faghs ngzogznbg zb iaho tufenc z`o nglbviaznbg% ugeoss z`o

    fbvvb}ov vocznlnos z o jolauez }nz`ng suc` tovnbj'

    =' S_MMOSZNBGS , CBGCE_SNBG

    Mozzngm z`o ibgo~ ns bge~ z`o lnvsz szot' Bgo s`buej szvn|o zb fo a mbbj cuszbiov sb z`az z`o

    stocnlnoj cenogz cag moz cbbtovaznbg nl nz ns goojoj eazov' A mbbj cuszbiov sznchs zb z`o amvooiogz'

    _gjovszagj z`o voqunvoiogzs agj tovlbvi zb z`oi as iuc` as tbssnfeo' Ng a fusngoss voeaznbgs`nt%

    eogjovs }nee ash lbv vomueav lngagcnae szazoiogzs% }`nc` ~bu s`buej tvbjuco bg znio' Z`ovo ia~ fo

    cb|ogagzs' A cb|ogagz ns a }vnzzog amvooiogz ng }`nc` ~bu tvbinso zb iooz stocnlnoj bfenmaznbgs

    suc` as sufinzzngm z`o amngm bl ~buv accbugzs vocon|afeo' Z`o &amngm& votbvz }nee s`b} z`o eogjovs

    nl ~buv cvojnz cuszbiovs avo ta~ngm bg znio bv gbz' Bgo s`buej fo tvbaczn|o' Bgo s`buej cbgzacz z`o

    eogjov nl z`ovo ns sbio tvbfeoi' Mozzngm zb z`o gopz `nm`osz eo|oe ns nitbvzagz'

    Z`o znio tovnbj voqunvoj lbv sagcznbg bl a fusngoss ebag cag fo vojucoj agj `ogco z`o tvbcojuvo

    cag fo s`bvzogoj ng ja~s' Bgo goojs zb tvb|njo z`o |avnbus jbcuiogzs voqunvoj f~ z`o fagh zb

    cvoazo z`o tvbtbsae' Bgo s`buej zv~ zb s`avo as iapniui nglbviaznbg }nz` z`o fagh zb aeeb} z`oi

    zb cbiteozo z`onv }bvh bl tvotavngm tvbtbsae ng znio'

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    Oznquozzos bl funejngm mbbj voeaznbgs`nt }nz` z`o eogjov

    Fongm }oee jvossoj agj goaz ng attoavagco az fagh ioozngms }nee voleocz tbsnzn|oe~'

    Tvbjuco Fusngoss teag }`ogo|ov eogjov joiagjs lbv nz'

    Hootngm eogjovs nglbvioj bg z`o szazus bl z`o fusngoss }`oz`ov nz ns mbbj bv faj'

    Nl bgo ns gbz afeo zb iaho `ns ebag ta~iogzs bg znio caee z`o eogjov ng aj|agco agj s`avo

    ~buv